Economics · Oct / Nov 2024 · Paper 13 · Question 30
2281Current account of the balance of payments
Country X records these selected items in the current account of its balance of payments. • Country X exports $200m of goods. • Country X imports $50m of services. • Country Y's citizens working in country X send home to relatives $25m. • Country X sends country Y $75m of aid. By how much did the balance on the current account of country X increase?
- A$50m
- B$100m
- C$200m
- D$350m
As printed in the paper
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Correct answer: A. $50m
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