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Suppose the Current Account Shows Debits of $4

Question 4

Multiple Choice

Suppose the current account shows debits of $4.7 billion and credits of $5.3 billion. The current account balance is ________, and the capital account balance is ________.


A) -$0.6 billion; +$0.6 billion
B) +$0.6 billion; +$0.6 billion
C) -$0.6 billion; -$0.6 billion
D) +$0.6 billion; -$0.6 billion

Correct Answer:

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