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:

North America

A continent located entirely in the Northern Hemisphere and mostly in the Western Hemisphere, composed of countries like the United States, Canada, and Mexico among others.

Energy-Efficient

Describes technologies or processes that use less energy to perform the same function as conventional ones, reducing energy waste.

Beverage Container

A receptacle used to hold liquids for consumption, such as bottles, cans, or cups.

Incinerators

Incinerators are devices or facilities used to burn waste materials at high temperatures, reducing their volume and sometimes generating energy.