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anatomy66 anatomy66
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A month ago
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: 3rd
Authors:
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angelord2510angelord2510
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A month ago
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$2 billion; -$2 billion

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anatomy66 Author
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A month ago
Helped a lot
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this is exactly what I needed
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2 hours ago
Smart ... Thanks!
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