A small open economy has exports equal to 10,imports equal to 6,foreign debt equal to 20.The world interest rate is 10 percent.The country's current account balance is:
A) a surplus of 4.
B) a surplus of 2.
C) a deficit of 2.
D) a deficit of 4.

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The Answer of A small open economy has exports equal to 10,imports equal to 6,foreign debt equal to 20.The world interest rate is 10 percent.The country's current account balance is:
A) a surplus of 4.
B) a surplus of 2.
C) a deficit of 2.
D) a deficit of 4.

A Small Open Economy Has Exports Equal to 10,imports Equal