Which of the following statements is TRUE?
A) A country runs a capital account deficit if it imports more than it exports.
B) The overall sum of all the entries in the balance of payments must be positive.
C) A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.
D) If the current account is in surplus, then the sum of the financial and capital accounts must be in deficit.
Correct Answer:
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