Question
the nation of Pecunia had a current account deficit of $1.0 billion and a nonreserve financial account surplus of $600 million in 2014. a. What
the nation of Pecunia had a current account deficit of $1.0 billion and a nonreserve financial account surplus of $600 million in 2014.
a. What was the balance of payments of Pecunia in thatyear?
The balance of payments of Pecunia was $
negative 400
b. What happened toPecunia's net foreign assets in2014?
Pecunia's net foreign assets ______ (fell, or rose) by _______ ?
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
