The inflow of investments from abroad is the more important explanation for the current account deficit than is the import-export imbalance.

Name: The inflow of investments from abroad is the more important explanation for the current account deficit than is the import-export imbalance.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

The current account deficit is primarily driven by the import-export imbalance, where a country imports more goods and services than it exports, rather than by foreign investments.

The Inflow of Investments from Abroad Is the More Important