A Country with an Official Settlements Balance of Zero and a Negative

question 44

Multiple Choice

A country with an official settlements balance of zero and a negative current account balance is a

• A) net borrower.
• B) net lender.
• C) net saver.
• D) net creditor.
• E) None of the above answers is correct because it is not possible to have an official settlements balance of zero and a negative current account balance.

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