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Suppose that, during 2012, country A had exports of goods of $50, imports of goods of $60, exports of services plus factor income receipts from
Suppose that, during 2012, country A had exports of goods of $50, imports of goods of $60, exports of services plus factor income receipts from abroad of $36, and importsof services plus factor income payments abroad of $30.In addition, during 2007, countryA made $15 of unilateral transfers abroad and received no unilateral transfers fromabroad.Given this information, country A's "balance on current account" in 2007 was:
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a $19 deficit
a $10 deficit
a $ 4 deficit
a $ 6 surplus
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