A nation realizes external balance when its current account is in equilibrium, i.e.neither a trade balance nor a trade deficit.

Name: A nation realizes external balance when its current account is in equilibrium, i.e.neither a trade balance nor a trade deficit.
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This statement is true. When a nation's current account is in equilibrium, it means that its exports and imports are balanced, resulting in neither a trade surplus nor a trade deficit, which is a state of external balance.

A Nation Realizes External Balance When Its Current Account Is