Multiple Choice
Which of the following statements is TRUE?
A) A country runs a capital account deficit if it imports more than it exports.
B) If the current account is in surplus,the capital account must be in deficit.
C) The overall sum of all the entries in the balance of payments must be positive.
D) A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.
Correct Answer:
Verified
Correct Answer:
Verified
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