If an Australian company sells insurance to a foreign company, how does this affect Australia's balance of

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If an Australian company sells insurance to a foreign company, how does this affect Australia's balance of payments?

a. It increases capital inflows.

b. It lowers the balance on the current account.

c. It increases exports of services.

d. It increases imports of goods.

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 27, 2024 11:37 AM

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If an Australian company sells insurance to a foreign company, how does this affect Australia's balance of

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Microeconomics An Intuitive Approach with Calculus

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