When There Is a Current Account Deficit There Is a Capital

question 155

True/False

When there is a current account deficit there is a capital account surplus.

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Definitions:

Relevant Employee Union

A labor organization that represents the interests of workers within a specific industry or company.

AASB 119

An Australian Accounting Standard that specifies the accounting for employee benefits, including pensions and other post-employment benefits.

Long Service Leave

An employee benefit offering paid leave to employees who have served a particular period of time with the same employer or industry.

Legal Entitlement

The right of an individual or entity to have or do something according to the law.