A balance of payments deficit occurs when _____.
A)the net inflow of money from abroad exceeds the net outflows of money to other countries
B)imports exceed exports
C)the net outflow of money from a country exceeds the net inflow of money from abroad
D)exports exceed imports

Question

Quizplus · Accepted Answer

A balance of payments deficit occurs when the net outflow of money from a country exceeds the net inflow of money from abroad, indicating that more money is leaving the country than coming in.

A Balance of Payments Deficit Occurs When _____