A Country's Balance on Current Account Will Always Equal Its

question 152

True/False

A country's balance on current account will always equal its balance on capital account.

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Definitions:

Convertible Bonds

A type of bond that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them partial ownership and certain rights within the company, such as voting on corporate matters.

Company Stock

Equity shares issued by a corporation representing ownership interest in the company.

Promoter

A person who begins the corporate creation and organization process.