Between 1983/84 and 2017/18, Australia
A) had a current account surplus or deficit that was almost equal to $0 every year.
B) some years had a deficit and some years had a surplus that totalled a surplus of $2.5 trillion.
C) had a current account deficit almost every year.
D) some years had a deficit and some years had a surplus that netted out to $0.
E) had a current account surplus almost every year.
Correct Answer:
Verified
Q31: A country has imports of goods and
Q32: If the exchange rate changes from 0.70
Q33: When Australia exports goods and services to
Q34: In 2014, an Australian dollar could be
Q35: The private sector balance equals
A) net taxes
Q37: Australia currently is
A) a creditor nation and
Q38: During the last year, foreign investment in
Q39: The foreign exchange rate is defined as
A)
Q40: X = exports, M = imports, S
Q41: ![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents