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15-03-2024
Business

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Which of the following statements is true about international trade and finance?
a) South Korea is a large net importer
b) The USA had a trade surplus every year since 1976
c) A recession tends to worsen a trade deficit (make it larger)
d) Countries that have a current account surplus lend money to other countries
e) The USA only imports goods. It does not export them.

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