The Balance of Payments & The National Economy Mcqs


Q.  Which of the following statements is True ?

a. The overall sum of all the entries in the balance of payments must be positive
b. A country runs a current account surplus if it sells more of its assets abroad than it buys abroad
c. A country runs a capital account deficit if it imports more than it exports
d. If the current account is in surplus the capital account must be in deficit


ANSWER: See Answer
 
No explanation is available for this question!
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