The best weather in a decade has given Australia a bumper wheat crop.Australia is a small open economy.Based on this information alone,you would expect that
A)desired investment would decrease.
B)desired investment would increase.
C)the current account would increase.
D)the current account would decrease.

Question

Quizplus · Accepted Answer

Given the bumper wheat crop, Australia is likely to export more, increasing its exports and thus improving its current account balance.

The Best Weather in a Decade Has Given Australia a Bumper