Scenario: There Are Two Countries-Country X and Country Y-That Trade

question 72

Multiple Choice

Scenario: There are two countries-Country X and Country Y-that trade only with each other. During a particular year, the residents of Country X purchased buildings worth $10 billion in Country Y. None of the other transactions between the two countries during that year involved the purchase or sale of assets.
-Refer to the scenario above.Based on this information,it can be concluded that ________.

• A) County X experienced a current account surplus during that year
• B) County X ran a financial account surplus during that year
• C) County Y experienced a current account surplus during that year
• D) County Y ran a financial account deficit during that year

---

Definitions:

Psychological Reasons

Underlying mental or emotional factors that influence an individual's decisions or behaviors.

Economic Wants

Desires for specific goods, services, or experiences that can be fulfilled through economic transactions.

Benefits

The advantages or positive outcomes that result from using a product or service.

Ultra Black Label Series

A term that could refer to a premium, high-end series of products within a brand, often denoting exclusivity or superior quality.