Can a Nation Have in Its Balance of Payments a Current

question 96

Multiple Choice

Can a nation have in its balance of payments a current account deficit at the same time as a less-than-equal capital account surplus?

• A)No,because current and capital accounts must both balance,by accounting convention.
• B)No,because a current account deficit must be offset by an equal capital account surplus so the balance of payments balances overall.
• C)Yes,and the nation would have an overall deficit in its balance of payments.
• D)Yes,and the nation would have an overall surplus in its balance of payments.

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