What is the countrys current account balance


Problem

1. A country had exports of $100 billion, imports of $90 billion, net transfers from abroad of $10 billion, and $5 billion of net income from foreign investments. What is the country's current account balance?

2. Brazil ran a current account deficit of $55 billion. What is its balance on the capital account?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is the countrys current account balance
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