What would lead a country to move from a surplus to a deficit on the current account of the balance of payments?
1 )
a depreciating exchange rate combined with a high rate of inflation and falling productivity
2 )
a depreciating exchange rate combined with a low rate of inflation and rising productivity
an appreciating exchange rate combined with a high rate of inflation and falling productivity
4 )
an appreciating exchange rate combined with a low rate of inflation and rising productivity
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