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.
Correct Answer:

Verified
Correct Answer:
Verified
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