Which of the Following Statements Is CORRECT

question 22

Multiple Choice

Which of the following statements is CORRECT?

• A) If the current account is in deficit, then the sum of the financial and capital accounts must also be in deficit.
• B) The overall sum of all the entries in the balance of payments must be positive.
• C) If the current account is in surplus, then the sum of the financial and capital accounts must also be in surplus.
• D) The overall sum of all the entries in the balance of payments must be zero.

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Definitions:

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