In the economy of Popania in 2008, total Popanian purchasesof assets in the rest of the
Chapter 8, Problem 4(choose chapter or problem)
In the economy of Popania in 2008, total Popanian purchasesof assets in the rest of the world equaled $300 billion,purchases of Popanian assets by the rest of the worldequaled $400 billion, and Popania exported goods and servicesequaled $350 billion. What was Popanias balance ofpayments on the financial account in 2008? What was itsbalance of payments on the current account? What was thevalue of its imports?
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