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  3. b) suppose that a certain country has a current ac

b) Suppose that a certain country has a current account surplus. Does this mean that...

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Finance

b) Suppose that a certain country has a current account surplus. Does this mean that the country will necessarily have a financial account deficit? Explain why or why not.

Note: For the purpose of this question, we will assume for simplicity that the financial account includes the capital account, and also ignore net error and omissions.

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