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-The Citizens of Exland, Whose Currency Is the Bun, Conduct

Question 489

Essay

  -The citizens of Exland, whose currency is the bun, conduct the transactions outlined in the table above. a) What is Exland's current account balance? b) What is Exland's capital account balance? c) What is Exland's official settlement balance? d) What is Exland's net foreign borrowing?
-The citizens of Exland, whose currency is the bun, conduct the transactions outlined in the table above.
a) What is Exland's current account balance?
b) What is Exland's capital account balance?
c) What is Exland's official settlement balance?
d) What is Exland's net foreign borrowing?

Correct Answer:

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a) The current account balance equals ex...

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