Multiple Choice
In 2008, the current account balance was -$706 billion and the capital account balance was +$711 billion.Therefore, the official settlements account balance was ________ and the balance of all payments accounts summed was ________.
A) -$5 billion; zero
B) +$5 billion; zero
C) not enough information to determine; negative
D) negative; negative
E) positive; positive
Correct Answer:
Verified
Correct Answer:
Verified
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