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Assuming that net factor payments and net transfers are zero, if a country has exports of $12 ...
anatomy66
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Assuming that net factor payments and net transfers are zero, if a country has exports of $12 ...
Assuming that net factor payments and net transfers are zero, if a country has exports of $12 billion and imports of $10 billion, it follows that the country has a current account balance of ________ and a financial account balance of ________.
▸ $2 billion; $2 billion
▸ -$2 billion; -$2 billion
▸ $2 billion; -$2 billion
▸ -$2 billion; $2 billion
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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$2 billion; -$2 billion
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Helped a lot
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this is exactly what I needed
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Smart ... Thanks!
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