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In the U.S. Balance of Payments account, the Current Account deficit: I. Represents more U.S. dollar outflows than inflows in the Current Account II. Has
In the U.S. Balance of Payments account, the Current Account deficit: I. Represents more U.S. dollar outflows than inflows in the Current Account II. Has a tendency to increase when the U.S. experiences economic recessions III. Is essentially matched by a surplus in the Financial Account
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