Answered: A deficit on the current account of a…

A deficit on the current account of a country's balance of payments can be financed by a surplus: of exports over imports. of net gold exports. on the financial account. on the trade balance.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 4.13P

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Question

QUESTION 11

A deficit on the current account of a country's balance of payments can be financed by a surplus:

of exports over imports.

of net gold exports.

on the financial account.

on the trade balance.

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