AP Macroeconomics Quiz
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OPEN ECONOMY—INTERNATIONAL TRADE AND FINANCE
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Based on the balance of payments information shown for Country J (values in billions of dollars), which statement correctly links the current account outcome to the implied direction of net capital flows? Transactions this year: - Exports of goods and services: +500+500 - Imports of goods and services: −430-430 - Income receipts from abroad: +10+10 - Income payments to foreigners: −30-30
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