When There Is a Current Account Deficit, It Is Likely

question 104

Multiple Choice

When there is a current account deficit, it is likely that

• A)exports exceed imports for the country.
• B)the country is an exporter of capital.
• C)the capital account has a surplus.
• D)the country has a budget surplus.

---

Definitions:

Electoral Votes

Votes cast by members of the Electoral College, established by the United States Constitution, which formally determine the President and Vice President of the United States.

Popular Votes

The total number of votes or electoral support directly received by a candidate or political party from the general population in an election.

New Mexico Territory

A region that was an organized incorporated territory of the United States before becoming a U.S. state, encompassing parts of the modern-day southwestern United States.

Glorieta Pass

A site in New Mexico where a significant Civil War battle took place in 1862, pivotal in halting the Confederate westward expansion.