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Classify the countries according to the sign of each countries' current account balance in 2012. Current...

Classify the countries according to the sign of each countries' current account balance in 2012.

Current account surplus Current account deficit

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United States China Canada Germany United Kingdom Japan
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Answer #1

According to the Organization for Economic Co-operation and Development (OECD) data,

The countries that had a current account deficit in the year 2012 - India, Australia, Canada, United Kingdom, United States, Mexico, France etc

The countries that had a current account surplus in the year 2012 - Germany, Japan, Saudi Arabia, Norway, China etc.

Among the given countries

Current account surplus - China, Germany, Japan

Current account deficit - United States, United Kingdom

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