Multiple Choice
Which of the following statements is true?
A) A positive balance on capital account necessarily implies a positive balance on current account.
B) A negative balance on capital account necessarily implies a negative balance on current account.
C) A positive balance on capital account necessarily implies growing U.S. foreign investments.
D) A negative balance on capital account necessarily implies a positive balance on current account.
Correct Answer:
Verified
Correct Answer:
Verified
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