Multiple Choice
Which of the following statements is false?
A) Higher the capital account surplus in an economy, higher is the economy's international indebtedness.
B) Larger the current account deficit in USA, larger is the larger is the USA's capital account surplus.
C) Larger the capital account surplus in USA, smaller is the USA's international indebtedness.
D) China's current account surplus implies deficit in the capital account.
Correct Answer:

Verified
Correct Answer:
Verified
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