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Under Which of the Following Circumstances Would Utopia Be a Debtor

Question 40

Multiple Choice

Under which of the following circumstances would Utopia be a debtor nation?  


A)  if consumers in other countries bought goods and services from Utopia 
B)  only if Utopia has a deficit in its current account 
C)  only if Utopia has a deficit in its balance of goods and services 
D)  if Utopia has a deficit in its balance of trade

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