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Please provide the formulas used and not just the answers. Use the following balance of payments data for Australia from the International Monetary Fund to

Please provide the formulas used and not just the answers.

image text in transcribed Use the following balance of payments data for Australia from the International Monetary Fund to answer questions 3.1 through 3.4. 3.1 What is Australia's balance on goods? 3.2 What is Australia's balance on services? 3.3 What is Australia's balance on goods and services? 3.4 What is Australia's current account balance

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