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In 2008, the Current Account Balance Was -706 Billion and the Capital

Question 246

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 was ________.


A) -5; zero
B) +5; zero
C) not enough information to determine; most likely negative
D) negative; negative
E) positive; positive

Correct Answer:

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