Practice with the current account: Which of the following tend to raise the value of Country Xs
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Practice with the current account: Which of the following tend to raise the value of Country X’s current account?
a. Country X sends cash to aid war victims in Country Y.
b. Investors living in Country X receive more dividend payments than usual from businesses operating in Country Y.
c. Investors living in Country Y receive more interest payments than usual from businesses operating in Country X.
d. Immigrants from Country Y who live and work in Country X send massive amounts of currency back to their families in Country Y.
e. The government of Country X imports more jet fighters and missiles from Country Y.
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