A nation is considered to be a(n) _____ in the international market, if its current account is in deficit.

Name: A nation is considered to be a(n) _____ in the international market, if its current account is in deficit.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

A current account deficit means that a nation is spending more on imports than it is earning from exports. To finance the deficit, the country may have to borrow from other countries or rely on foreign investment, making it a borrower in the international market.

A Nation Is Considered to Be A(n) _____ in the International