If a country runs a deficit in its current account, it is because
A) exports exceed imports
B) imports exceed exports
C) net unilateral transfers are negative
D) foreign currency received from exports and transfers exceeds the foreign exchange needed to pay for
Imports and to make unilateral transfers
E) foreign currency received from exports and transfers is less than the foreign exchange needed to pay for
Imports and to make unilateral transfers
Correct Answer:
Verified
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