When Australia Has a Current Account Deficit, We Know That

question 25

Multiple Choice

When Australia has a current account deficit, we know that it is also:

• A) running a capital account deficit.
• B) running a balanced trade account.
• C) lending to the rest of the world.
• D) borrowing from the rest of the world.
• E) suffering from positive investment income.

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Definitions:

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A daily publication that documents the rules, proposed rules, and public notices of federal agencies.

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A process by which regulatory agencies develop and issue rules without a formal hearing; typically involves public notice of the proposed rule and an opportunity for the public to comment.