A Country Had a Net Capital Outflow of 300 Billion

question 79

Short Answer

A country had a net capital outflow of 300 billion euros and exports of 400 billion euros. What was the value of its imports?

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Definitions:

Certified Check

A check verified by a bank, confirming that the signer has enough funds in their account to cover the check amount.

Cashier's Check

A check issued by a bank, drawn on the bank's own funds and signed by a cashier, used for guaranteed payment.

Digital Cash

Money stored electronically in place of physical currency.

Physical Currency

Tangible money, such as coins and paper bills, used as a medium of exchange for goods and services.