6. If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase...
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6. If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, then France's net capital outflow is a.-.3 trillion euros, so it must have a trade deficit. b.-.3 trillion euros, so it must have a trade surplus. c.3 trillion euros, so it must have a trade deficit. d..3 trillion euros, so it must have a trade surplus. 6. If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, then France's net capital outflow is a.-.3 trillion euros, so it must have a trade deficit. b.-.3 trillion euros, so it must have a trade surplus. c.3 trillion euros, so it must have a trade deficit. d..3 trillion euros, so it must have a trade surplus.
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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