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If a Country Has $55 Billion of Net Capital Outflow

Question 45

Multiple Choice

If a country has $55 billion of net capital outflow and a $5 billion increase in its cash reserves and ownership of assets,then the country must be running a trade:


A) deficit of $50 billion.
B) deficit of $60 billion.
C) surplus of $50 billion.
D) surplus of $60 billion.

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