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What is current account balance of a nation with government

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Reference no: EM132879040

Question 1: What is the current account balance of a nation with a government budget deficitof 128 € billion, private saving of 80€ billion, and domestic capital formation of 77 € billion?

Question 2: "A country is better off running a current account surplus rather than a current account deficit." Do you agree or disagree? Explain.

Question 3: "National saving can be used domestically or internationally." Explain the basis for this statement, including the benefits to the nation of each use of its saving.

Reference no: EM132879040

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