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The Following Balance of Payments Data Is for the Economy

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The following balance of payments data is for the economy of Augusta:
The following balance of payments data is for the economy of Augusta:    a)What is the value of its balance of trade? b)What is the balance on its current account? c)What is the balance on its capital account? d)Is there an overall balance of payments surplus or deficit? How much? a)What is the value of its balance of trade?
b)What is the balance on its current account?
c)What is the balance on its capital account?
d)Is there an overall balance of payments surplus or deficit? How much?

Correct Answer:

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a)Deficit of $6
b)Su...

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