Suppose Canada's current account has a deficit of $12 billion in 2010. It follows that Canada must have a capital account of , meaning that there is a capital flow of this amount Canada.
A) deficit; $12 billion; out of
B) deficit; less than $12 billion; out of
C) deficit; $12 billion; into
D) surplus; $12 billion; into
E) surplus; less than $12 billion; into
Correct Answer:
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