When There Is a Current Account Deficit and the Official

question 43

Multiple Choice

When there is a current account deficit and the official settlements account equals 0, 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.

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Definitions:

Bar Chart

A graphical representation of data using bars of varying lengths to show the values of different categories or groups.

Continuous Quantitative Variable

A variable that can take an infinite number of values within a given range, representing measurable quantities.

Interval of Values

A range of values within which a specified parameter falls, often used in statistics to describe confidence intervals.

Multivariate Data

Data involving two or more variables that are analyzed together to understand patterns and relationships.