Consider the following partial balance of payments data for Australia (in $ mil...
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Consider the following partial balance of payments data for Australia (in $ million) in 2018.
Exports of Goods and Services | 30,000 |
Imports of Goods and Services | 29,000 |
Net Primary Income | -3,500 |
Net Current Transfers (or Net Secondary Income) | -1,200 |
Net Acquisition/Disposable of non-produced, non-financial assets | 300 |
Foreign Investment in Australia | 43,300 |
Foreign Investment Abroad | 39,300 |
Based on the information in the above table, Australia’s trade balance is _______, and the financial account balance is ________:
100%
0%
0%
0%
0%
0%
0%
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