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Which of the Following Statements Is True

Question 2

Multiple Choice

Which of the following statements is true?


A) Current account balance = -(capital account balance) .
B) A country's balance on current account equals its balance on capital account.
C) If the market for a nation's currency is in equilibrium, a capital account surplus necessarily means a current account surplus.
D) Capital accounts and current accounts balances are determined by governments.

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