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The country of Panama exports $550 billion worth of goods and services and imports $350 billion worth of goods and services. Net interest income paid
The country of Panama exports $550 billion worth of goods and services and imports $350 billion worth of goods and services. Net interest income paid abroad is $50 billion and net transfers are $0. The current account balance is _____
a. $25 billion
b. $50 billion
c. $100 billion
d. $150 billion
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International financial management
Authors: Jeff Madura
9th Edition
978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
