A deficit in a country's current account balance means that __________.
A) out-payments are less than in-payments
B) in-payments are not related to out-payments
C) out-payments are greater than in-payments
D) out-payments are the same as in-payments
E) out-payments are zero.
Correct Answer:
Verified
Q26: The balance of payments is:
A) positive when
Q27: The U.S.:
A) usually has a trade deficit
Q28: In recent years, the U.S. has run
Q29: Suppose a German resident buys a U.S.
Q30: An example of a unilateral transfer would
Q32: A current account deficit:
A) implies the country
Q33: Which of the following transactions would not
Q34: Which of the following would not be
Q35: Which of the following statements is false?
A)
Q36: FDI by U.S. firms enters the U.S.
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