Which of the Following Statements About Canada's Balance of Payments

Multiple Choice

Which of the following statements about Canada's balance of payments is correct?

A) If the current account is in deficit,the capital account must also be in deficit.
B) The current account balance must be zero.
C) The trade account balance must be zero.
D) Total payments must equal total receipts.
E) If the current account is in surplus,the capital account must also be in surplus.