If Australia purchases $200,000 of oil from Saudi Arabia, this would mean Multiple Choice the sum of the financial and capital accounts in Australia must increase by $200,000 there is a credit in Australia's current account Australia's balance of payments is $200,000 X the change in Australia's capital and financial accounts must be zero Suppose that net exports are greater than zero. If the capital account is in balance, Multiple Choice there is a reserve account surplus there is a financial account surplus there is a current account surplus the sum of the reserve account and the financial account must be zero Suppose the current account has a value of $500,000 and the financial account has a value of $525,000. The value of the capital account is Multiple Choice $500,000 -$500,000 $25,000 X -$25,000 In one year the United States had a current account deficit of $461 billion. The capital account had a deficit of $8 billion. What was the balance of the financial account? Multiple Choice -$453 billion $469 billion X -$469 billion $453 billion