A current account surplus exists when
A) net exports are positive.
B) net exports are negative.
C) financial flows out of a country for goods and services exceeds financial flows into the country for its goods and services.
D) imports exceed exports.
Correct Answer:
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Q85: If the U.S. has a capital account
Q90: A current account deficit exists when
A)net exports
Q93: The current account is
A)an accounting statement that
Q93: The current account
A) keeps track of all
Q94: Which of the following statements is true?
A)A
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: Figure 15-1
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