A Nation That Currently Has a Surplus in Its Current

question 89

Multiple Choice

A nation that currently has a surplus in its current account is called a

• A) debtor nation.
• B) creditor nation.
• C) net borrower.
• D) net lender.
• E) capital account surplus nation.

---

Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.

Financial Decisions

Choices regarding the management of finances of an entity, including investment, budgeting, borrowing, and saving activities.

Cash Flow

The complete sum of cash moving in and out of a company, influencing its ability to cover short-term obligations.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to assess liquidity and manage cash flow.