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If a Nation's Goods Exports Are $55 Billion, While Its

Question 22

Multiple Choice

If a nation's goods exports are $55 billion, while its goods imports are $50 billion, we can conclude with certainty that this nation has a


A) balance of trade (goods) surplus.
B) balance of payments surplus.
C) positive balance on its current account.
D) positive balance on goods and services.

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