The current account for a fictitious country is shown in the table below. The balance on...

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The current account for a fictitious country is shown in the table below. The balance on the capital and financial account fo

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Answer 1

Answer #1

According to the question, The Balance on the Capital and financial account for the country is $302 Billion So to reach in balance of payment there must have Current account deficit by so first $302 billion.

So first conclusion we can draw there will be current account deficit by $302 billion.

Cursent Account (in Bilion $ (1) Goods Exports 1128 e) Goods Import 1309 (3) Balance of good. -180 (4) Eeport of services 117

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Answer 2

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