A Deficit in the Current Account Implies

question 137

Multiple Choice

A deficit in the current account implies

• A) there is an excess demand in the foreign currency market.
• B) a deficit in the capital account.
• C) a surplus in the capital account.
• D) nothing about the capital account.

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Definitions:

Latissimus Dorsi

A large, flat muscle on the back that helps with the movement of the shoulders and arms, including rotation and pulling movements.

Trapezius

A large superficial muscle that extends longitudinally from the occipital bone to the lower thoracic vertebrae and laterally to the spine of the scapula, involved in moving the shoulder and neck.

Pectoralis Major

A large muscle in the upper chest that performs functions related to the movement of the shoulder joint, including flexion, adduction, and medial rotation.

External Abdominal Oblique

A muscle located on the lateral and front sides of the abdomen, involved in rotating and bending the trunk.