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Multiple Choice Can a country simultaneously run a trade balance surplus and a current account defi cit?
Multiple ChoiceCan a country simultaneously run a trade balance surplus and a current accountdeficit?(a) No, because the trade balance and the current account are always equal.(b) Yes, if imports exceed exports, and the country is a big net creditor that earnslarge interest income.(c) Yes, if exports exceed imports, and the country is a big net creditor that earnslarge interest income.(d) Yes, if exports exceed imports, and the country is a big net debtor paying largeinterest income.(e) Yes, if imports exceed exports, and the country is a big net debtor paying largeinterest income.
