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What is the country current account balance

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Reference no: EM133031652

Question - Practical Exercise on the Checking Account - In relation to the Balance of Payments of a country x, argue theoretically its importance, and then with data from the following exercise.

A country has exports of 25,000 million dollars, imports of 20,000 million dollars, net transfers from abroad of -5,000 million dollars and -2,000 million dollars of net income from abroad. What is the country's current account balance?

Reference no: EM133031652

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