Suppose a Country Has a Balance on Its Current Account

question 116

Multiple Choice

Suppose a country has a balance on its current account of negative $10 billion,while the balance on its capital account is a positive $4 billion.What can we conclude?

• A)That the country has a surplus on its balance of trade.
• B)That the country has a deficit on its balance of trade.
• C)That its reserves of foreign currencies are falling.
• D)That the country has a balance of payments surplus.
• E)That the country has a balance of payments of zero.

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Definitions:

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Primary Sex Characteristics

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Hair grown on the face, typically on areas where men commonly grow hair such as the chin, cheeks, and upper lip, often considered a sign of masculinity or maturity in various cultures.

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