Scenario: There are two countries-Country X and Country Y-that trade only with each other. During a particular year, the residents of Country X purchased buildings worth $10 billion in Country Y. None of the other transactions between the two countries during that year involved the purchase or sale of assets.
-Refer to the scenario above.Based on this information,it can be concluded that ________.
A) County Y experienced a current account deficit during that year
B) County X ran a current account deficit during that year
C) County Y experienced a current account surplus during that year
D) County X ran a financial account surplus during that year
Correct Answer:
Verified
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