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If Australia's Current Account Balance Is - $500 Billion and the Capital

Question 30

Multiple Choice

If Australia's current account balance is - $500 billion and the capital and financial account balance is +$510 billion,


A) foreign investment in Australia is smaller than Australian investment abroad.
B) the Australian government's holdings of foreign currency increase by $10 billion.
C) Australian exports are greater than Australian imports.
D) the Australian reserve assets account balance is $10 billion.

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