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A Balance-Of-Payments Deficit Occurs

Question 59

Multiple Choice

A balance-of-payments deficit occurs:


A) when a nation must make an inpayment of official reserves to its capital and financial account.
B) whenever a nation has a goods and services deficit.
C) whenever a nation has a goods and services surplus.
D) when a nation must make an outpayment of official reserves from its capital and financial account.

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