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Which of the Following Characterizes a Country's Current Account

Question 11

Multiple Choice

Which of the following characterizes a country's current account? 


A)  A country's current account deficit has to be financed by both purchases and sales of assets. 
B)  A country experiencing a current account deficit will see its currency appreciate. 
C)  A country's current account balance consists of exports plus imports of merchandise and services minus income on the country's assets abroad. 
D)  A country experiencing a current account surplus will see its currency depreciate.

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