Use the information in the following table on Switzerlands international transactions to answer the following questions (amounts

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Use the information in the following table on Switzerland’s international transactions to answer the following questions (amounts are millions of U.S. dollars):

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a. What is Switzerland’s balance of trade?

b. What is Switzerland’s current account balance?

c. Did Switzerland become a larger international net creditor during this year?

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International Economics

ISBN: 9780321783868

9th Edition

Authors: Steven Husted , Michael Melvin

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