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Question

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<p class="NoteLevel1CxSpFirst"><strong>70.</strong></p>
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<p class="NoteLevel1CxSpLast">Which of the following would be included in the U.S. current account?</p>
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<p class="NoteLevel1CxSpMiddle">&#160;<strong>A.</strong></p>
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<p class="NoteLevel1CxSpLast">factory in Japan purchased by a firm in the United States</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>B.</strong></p>
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<p class="NoteLevel1CxSpLast">share of stock of a company in the U.S. sold to someone in Japan</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>C.</strong></p>
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<p class="NoteLevel1CxSpLast">dividend on a share of stock of a company in the U.S. paid to someone in Japan</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>D.</strong></p>
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<p class="NoteLevel1CxSpLast">bond issued by a firm in Japan sold to someone in the United States</p>
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<p class="NoteLevel1CxSpMiddle"><strong>71.</strong></p>
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<p class="NoteLevel1CxSpLast">Which of the following would be included in the U.S. financial account?</p>
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<p class="NoteLevel1CxSpMiddle">&#160;<strong>A.</strong></p>
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<p class="NoteLevel1CxSpLast">a computer made in the U.S. exported to Britain</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>B.</strong></p>
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<p class="NoteLevel1CxSpLast">a computer made in Britain imported into the United States</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>C.</strong></p>
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<p class="NoteLevel1CxSpLast">interest on a U.S. company's bond sold to someone living overseas</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>D.</strong></p>
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<p class="NoteLevel1CxSpLast">the value of a bond of a company in the United States sold to someone living in Britain</p>
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<p class="NoteLevel1CxSpFirst"><strong>72.</strong></p>
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<p class="NoteLevel1CxSpLast">A country has a financial account surplus if the balance on the:</p>
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<p class="NoteLevel1CxSpMiddle">&#160;<strong>A.</strong></p>
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<p class="NoteLevel1CxSpLast">financial account is negative.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>B.</strong></p>
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<p class="NoteLevel1CxSpLast">financial account is positive.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>C.</strong></p>
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<p class="NoteLevel1CxSpLast">current account is zero.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>D.</strong></p>
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<p class="NoteLevel1CxSpLast">current account is positive.</p>
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<p class="NoteLevel1CxSpMiddle"><strong>73.</strong></p>
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<p class="NoteLevel1CxSpLast">A deficit in the current account means there will be:</p>
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<p class="NoteLevel1CxSpMiddle">&#160;<strong>A.</strong></p>
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<p class="NoteLevel1CxSpLast">a surplus in the financial account.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>B.</strong></p>
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<p class="NoteLevel1CxSpLast">a deficit in the financial account.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>C.</strong></p>
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<p class="NoteLevel1CxSpLast">a balanced financial account.</p>
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<p class="NoteLevel1CxSpFirst">&#160;<strong>D.</strong></p>
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<p class="NoteLevel1CxSpLast">either a surplus or a deficit in the financial account.</p>
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