A Current Account Surplus Exists When the Balance on Current

question 12

True/False

A current account surplus exists when the balance on current account is positive.

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Definitions:

Personal Care Products

Items intended for personal hygiene and beautification, such as cosmetics, skincare products, and toiletries.

Member-only Savings

Exclusive discounts or benefits offered to individuals who belong to a specific membership program or group.

Promotion Budget

Financial allocation for marketing and advertising activities aimed at boosting sales or awareness of a product or service.

New Customers

Individuals or organizations that begin to purchase goods or services from a business for the first time.