If the current account is in surplus and the capital and financial account is also in surplus, then the official settlements account balance is
A)negative.
B)positive.
C)probably close to zero, but could be either negative or positive.
D)zero.
E)equal to the sum of the current account and the capital account.

Question

Quizplus · Accepted Answer

The official settlements account balance is the opposite of the sum of the current account and the capital and financial account. If both are in surplus, the official settlements account will be negative to balance the overall balance of payments.

If the Current Account Is in Surplus and the Capital