Question:

International Economics 10 points?

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What is the current account deficit or surplus of france when french budget surplus is 384 M euros, private saving is 256 M euros, domestic capital formation is 134 M euro, and foreign capital formation is 269 M Euros?

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  1. Domestic capital formation (net) could be negative due to to high depreciation or capital outflow (increased costs in country or risks have risen).

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