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Suppose Canada begins with a zero balance on the current account; that is, there is no surplus or deficit. Then, any new flow of Canadian
Suppose Canada begins with a zero balance on the current account; that is, there is no surplus or deficit. Then, any new flow of Canadian dollars out of Canada would be recorded as a _____ entry on the balance of payments, creating a _____ on the current account. Question 6Select one: A. positive; deficit. B. negative; balanced budget. C. negative; deficit. D. positive; surplus. E. negative; surplus
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