Question
Explain the theoretical concepts related to the trade balance. Analyze the data from the practical exercise and submit your answer: Country X has exports of
Explain the theoretical concepts related to the trade balance. Analyze the data from the practical exercise and submit your answer: Country X has exports of $ 30 billion, imports of $ 25 billion, net transfers from abroad of -5 billion dollars, and -10 billion dollars of net income from abroad. According to the previous data, determine what is the current account balance of the country? Remember to consider the values and units to submit your assignment before the deadline. Use a word processor, such as Word, including bibliographic references to complete the task. Upload the document, using the attach file button of the task.
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