A country with a current account surplus:
A) has imported more than it has exported.
B) as borrowed heavily from the rest of the world.
C) has exported more than it has imported.
D) also has a capital account surplus.

Question

Quizplus · Accepted Answer

A country with a current account surplus has exported more than it has imported. This means that the value of goods and services sold to other countries is greater than the value of goods and services bought from other countries. It doesn't necessarily mean that the country has borrowed heavily (as in B) or has a capital account surplus (as in D).

A Country with a Current Account Surplus