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If Canada Exports $100 Billion of Goods and Services and Imports

Question 18

Multiple Choice

If Canada exports $100 billion of goods and services and imports $150 billion of goods and services and there is no other factor income or transfers,the balance on the financial account is:


A) $250 billion.
B) -$250 billion.
C) $50 billion.
D) -$50 billion.

Correct Answer:

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