Use the Table Below to Answer the Following Questions

question 41

Multiple Choice

Use the table below to answer the following questions.
Table 9.4.1

-Refer to Table 9.4.1.If the official settlement balance was in deficit every year, for which year or years can you say for sure there was a current account surplus?

• A)years 1 and 2
• B)years 2 and 3
• C)year 1 only
• D)year 2 only
• E)years 3 and 4

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Definitions:

Socialism

An economic system in which the government owns and operates basic industries but individuals own most businesses.