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Which of the following is true? A.We can describe the current account surplus as the difference between national income and aggregate expenditure. B.A country with

Which of the following is true?

A.We can describe the current account surplus as the difference between national income and aggregate expenditure.

B.A country with a current account surplus is earning more from its exports than it spends on imports.

C.A country with a current account deficit must be increasing its net foreign debts by the amount of the deficit.

D.All of the above are true.

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