A Current Account Deficit Exists When

question 338

Multiple Choice

A current account deficit exists when:

• A) the balance on current account is negative.
• B) spending flowing out of the country is less than spending flowing into the country.
• C) net exports are positive.
• D) an economy buys less from foreigners than it sells to them.

---

Definitions:

Parties' Education

The process or act of providing the individuals or groups involved in a legal proceeding with the knowledge or information necessary to understand their rights, responsibilities, and the legal issues at hand.

Duration Of The Marriage

The period of time from the wedding date until the formal dissolution (such as divorce) of a marriage.

Divided Spouses

Married individuals who are living apart, either informally or through legal separation.

Settled Out Of Court

A legal dispute resolution where the parties reach an agreement privately without a trial.