A deficit on the current account:

A. normally causes a surplus on the capital and financial account.
B. normally causes a deficit on the capital and financial account.
C. has no relationship to the capital and financial account.
D. means that a nation is making international transfers.

A. normally causes a surplus on the capital and financial account.

Economics

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Frictional unemployment is often thought to explain relatively short spells of unemployment

a. True b. False Indicate whether the statement is true or false

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The legislation which prohibits the acquisition of assets of another company if the transaction would significantly reduce competition, thereby closing a loophole in the Clayton Act is the:

A. Sherman Act B. Federal Trade Commission Act C. Wheeler-Lea Act D. Celler-Kefauver Act

Economics