In an Open Economy,the Current Account Balance Equals ________

question 3

Multiple Choice

In an open economy,the current account balance equals ________.(Assume that the capital account is zero and net transfers are zero.)

• A)net foreign investment + domestic investment
• B)net capital outflows
• C)the financial account balance + net income on investments
• D)net foreign investment

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Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

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