It is impossible to have a current account deficit and a current account surplus at the same
Jtime.

Name: It is impossible to have a current account deficit and a current account surplus at the same Jtime.
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Question

Quizplus · Accepted Answer

A country cannot have both a current account deficit and surplus simultaneously because the current account balance is the net result of trade in goods and services, income, and current transfers. It can only be in deficit, surplus, or balanced at any given time.

It Is Impossible to Have a Current Account Deficit and a Current