Which of the following statements is CORRECT?
A) If the current account is in deficit, then the sum of the financial and capital accounts must also be in deficit.
B) The overall sum of all the entries in the balance of payments must be positive.
C) If the current account is in surplus, then the sum of the financial and capital accounts must also be in surplus.
D) The overall sum of all the entries in the balance of payments must be zero.
Correct Answer:
Verified
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