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Utopia Would Be a Debtor Nation

Question 40

Multiple Choice

Utopia would be a debtor nation


A) if consumers in other countries bought goods and services from Utopia
B) only if it had a deficit in its current account
C) only if it had a deficit in its balance of goods and services
D) if it had a deficit in its balance of trade
E) if it had a deficit after adding together the balances in both its current account and its capital account

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