When There Is a Current Account Deficit and the Official

question 162

Multiple Choice

When there is a current account deficit and the official settlements account equals zero, then

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

---

Definitions:

Oxygen

A chemical element (O) crucial for the survival of most terrestrial life forms, involved in cellular respiration.

Chronic

A condition persisting for a long time or constantly recurring, often referring to diseases or health conditions.

Tracheostomy

A surgical procedure to create an opening through the neck into the trachea (windpipe) to allow direct access to the breathing tube.

Nasotracheal Suctioning

A medical procedure to remove secretions from the trachea through the nose to maintain airway patency.