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With Reference to International Balance of Payment Accounting, If a Country's

Question 33

Multiple Choice

With reference to international balance of payment accounting, if a country's merchandise imports exceed merchandise exports for a period,


A) the country has a surplus in the balance on current account.
B) the country has a deficit in the capital accounts for the period.
C) the country has a deficit in the merchandise trade account.
D) the country has a surplus in the merchandise trade account.

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