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Business, 26.07.2019 20:20 poliver

If domestic residents of france purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of french assets, then france’s net capital outflow is
a. 3 trillion euros, so it must have a trade deficit.
b. 3 trillion euros, so it must have a trade surplus.
c. -.3 trillion euros, so it must have a trade surplus.
d. -.3 trillion euros, so it must have a trade deficit.

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