If the current account is in surplus and the capital account is zero,then the
A) financial account must be in deficit.
B) balance of trade must be in deficit.
C) balance of payments must be in surplus.
D) balance of services must be in deficit.
Correct Answer:
Verified
Q21: If the value of goods and services
Q22: The purchase of foreign shares and bonds
Q23: When imports are greater than exports, there
Q29: The _ account records flows of funds
Q32: Outline the three main components of the
Q34: An example of foreign direct investment is
A)
Q35: If the Australian government sells a bond
Q38: If Australia exports more than it imports,
Q39: Net exports in Australia are negative so
Q48: Which of the following is not a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents