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Norway is one of the world's largest oil and gas exporters. Suppose that the price of oil and gas experiences a sudden, sharp increase. What
Norway is one of the world's largest oil and gas exporters. Suppose that the price of oil and gas experiences a sudden, sharp increase. What would the predicted effect on the countries national accounts be, holding all else equal? Group of answer choices A decrease in the current account A decrease in the trade balance An increase in the current account Smaller credits to the current account
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