Solved

A Deficit in a Country's Current Account Means That

Question 78

Multiple Choice

A deficit in a country's current account means that:


A) the country is running a net deficit in its financial account.
B) the country is a net lender to the rest of the world.
C) the country is running a net surplus in its financial account.
D) the country will have a positive value of net exports.
E) the domestic production is in excess of domestic spending.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions