Question: A balance-of-payment surplus implies A country is a net foreign lender A country exports less than it imports A country spends more than its income

A balance-of-payment surplus implies

  1. A country is a net foreign lender
  2. A country exports less than it imports
  3. A country spends more than its income
  4. A country has a capital and financial account surplus
  5. Transactions are not recorded properly.

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