A current account deficit is also known as a(n)
A)stock deficit.
B)inventory deficit.
C)external deficit.
D)tariff deficit.
E)trade deficit.

Name: A current account deficit is also known as a(n) A)stock deficit. B)inventory deficit. C)external deficit. D)tariff deficit. E)trade deficit.
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Question

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A current account deficit occurs when a country imports more goods, services, and capital than it exports, which is commonly referred to as a trade deficit.

A Current Account Deficit Is Also Known as A(n)