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Assuming that net factor payments and net transfers are zero, if a country has exports of $15 ...

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Assuming that net factor payments and net transfers are zero, if a country has exports of $15 ...

Assuming that net factor payments and net transfers are zero, if a country has exports of $15 billion and imports of $16 billion, it follows that the country has a ________.

▸ current account surplus and a financial account surplus

▸ current account surplus and a financial account deficit

▸ current account deficit and a financial account surplus

▸ current account deficit and a financial account deficit

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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Pats2010 Author

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Smart ... Thanks!

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Brilliant ツ

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Just got PERFECT on my quiz

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