2. Suppose that a country has a trade surplus of $50 billion, a balance on the capital...

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2. Suppose that a country has a trade surplus of $50 billion, a balance on the capital account of $10 billion, and a balance on the current account of −$200 billion. The balance on the capital and financial account will be: LO41.2

a. $10 billion.

b. $50 billion.

c. $200 billion.

d. −$200 billion.

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Sep 30, 2024 10:04 AM

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2. Suppose that a country has a trade surplus of $50 billion, a balance on the capital...

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