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Balance of Payments: Introduction
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Balance of Payments: Introduction
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21. Open-Economy Macroeconomics / Balance of Payments: Introduction / Problem 7
Problem 7
What does the balance of payments equaling zero signify in international trade?
A
All money going out is balanced by money coming in.
B
A country's trade surplus is evident.
C
A country's economic growth is guaranteed.
D
A country's inflation rate is stable.
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