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For the year T, the following is given for the country A: Y=14, C=8, G=4, I=4 Y-output, C-consumption, G-government spending, I-investment a. Calculate the trade

For the year T, the following is given for the country A:

Y=14, C=8, G=4, I=4

Y-output, C-consumption, G-government spending, I-investment

a. Calculate the trade surplus/deficit in the country for the year T

b. If exports of the country (E) was 2, find the imports (Z) of the country

c. Is foreign saving positive or negative? Is positive/negative foreign saving good or bad for the country, discuss

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