Dashboard - my.UQ - University of Submit Turnitin Assignment -ECO... Take Test: Post Tutorial Quiz 9-Op Submit Turnitin Assignment -ECO Question Completion Status: Course He QUESTION 1 Assume that a country's capital account balance is zero. If its deficit, this implies that: the country exports more than imports. the country's total outward trade has decreased on average the country's inbound foreign investment is higher than its outbound foreign investment the country's outflows of foreign investment are higher than its wows of foreign investment the country's imports equalis exports QUESTION 2 Suppose that Australia's price level is 125, the British price dollars nominal exchange of pounds to the dollar is .GOAS1, then the real exchange rate of pounds to the QUESTION 3 and services 2 N on while its sales of goods and services overseas are net primary income and net secondary income billion, it has a $1 billion defickt in its current account $1 bilion surplus in its financial account $1 billion plus in its current account