A current account surplus exists if the balance on the
A) capital account is zero.
B) capital account is positive.
C) current account is negative.
D) current account is positive.

Question

Quizplus · Accepted Answer

A current account surplus exists when a country's exports exceed its imports, leading to a positive balance on the current account. A positive balance on the capital account, a negative balance on the current account, or a zero balance on the capital account do not necessarily indicate a current account surplus.

A Current Account Surplus Exists If the Balance on the