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Answer to Question #20475 in Macroeconomics for ken
Question #20475
suppose the united states exports $ 1 billion dollars worth of goods and imports $ 2 billion worth of goods, its capital account should be what?
Expert's answer
In Capital account we would see net export. We know that net export can be calculated as following, Export-Import.
In capital would be = $1 billion - $2 billion = -$ 1 billion
In capital would be = $1 billion - $2 billion = -$ 1 billion
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