The current account is
A) an accounting statement that includes all spending flows across a nation's border, including the purchase of assets.
B) an accounting statement that includes all spending flows across a nation's border for the purchase of goods and services.
C) equal to value of a country's exports.
D) equal to value of a country's imports.
Correct Answer:
Verified
Q85: If the U.S. has a capital account
Q90: A current account deficit exists when
A)net exports
Q94: Which of the following statements is true?
A)A
Q95: A current account surplus exists when
A)net exports
Q96: A deficit in the current account implies
A)
Q97: A statement of spending flows into and
Q98: A surplus in the current account implies
A)
Q98: Let X = exports; M = imports,
Q99: A current account surplus exists if the
Q100: Which of the following statements is true?
A)
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