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Use the following information to answer the questions below. Assume that the capital account is equal to 0. Exports of goods and services 4000 Primary

Use the following information to answer the questions below. Assume that the capital account is equal to 0. Exports of goods and services 4000 Primary income received 1000 Secondary income received 1600 Imports of goods and services 4600 Primary income payments 1160 Secondary income payments 500 Net acquisition of financial assets 1600 Net incurrence of liabilities Net change in financial derivatives -1800 -120 Instructions: 1. What is the trade account balance? 2. What is the current account balance? 3. What is the financial account balance? 4. What is the statistical discrepancyimage text in transcribed

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