If a country has a flexible exchange rate system and a deficit on capital account
A)the balance of payments must be zero.
B)The balance of payments must be positive.
C)The balance on current account must be positive.
D)The balance on current account must be negative.

Question

Quizplus · Accepted Answer

The Answer of If a country has a flexible exchange rate system and a deficit on capital account
A)the balance of payments must be zero.
B)The balance of payments must be positive.
C)The balance on current account must be positive.
D)The balance on current account must be negative.

If a Country Has a Flexible Exchange Rate System and a Deficit