A nation with a current account surplus
A) imports more than it exports
B) is a net borrower
C) has a future account shortage
D) has a positive level of net exports
E) has a price floor set above equilibrium

Question

Quizplus · Accepted Answer

A current account surplus means that the country is exporting more goods and services than it is importing. This results in a positive level of net exports, which is the difference between the value of exports and imports.

A Nation with a Current Account Surplus