In the Balance of Payments Statement, a Current Account Deficit

question 2

True/False

In the balance of payments statement, a current account deficit is always matched by a capital and financial accounts surplus.

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Definitions:

Antipruritic

A substance or treatment that relieves or prevents itching.

Antifungal

Relating to or involving the use of agents that inhibit the growth of or destroy fungi.

Antibiotic

A substance used to kill or inhibit the growth of bacteria, often used in the treatment of infections.

Dermatome

A specific area of skin that is innervated by sensory fibers from a single spinal nerve root.