Multiple Choice
When a current account has a surplus of $5 billion,it means that
A) the capital account must have a deficit of $5 billion.
B) next exports must be negative.
C) net foreign lending is negative.
D) net acquisition of foreign assets is negative.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: A small open economy increases its desired
Q21: A small open economy increases its investment
Q26: A large open economy increases its desired
Q64: Suppose GDP is $20 billion and the
Q65: The official settlements balance equals<br>A)the sum of
Q66: Which of the following statements about the
Q67: Suppose desired consumption is $10 billion and
Q68: Which of the following would be part
Q70: If a Canadian firm buys stereos from
Q72: The term "twin deficits" refers to a