Paraguay exports $21 billion of goods and imports $25 billion of goods. It exports $15 billion of

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Paraguay exports $21 billion of goods and imports $25 billion of goods. It exports $15 billion of services and imports $13 billion of services. Find the nation’s

(a) balance of goods,

(b) balance of services, and

(c) balance of trade.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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