If a country runs a deficit in its current account, it has to be financed by running a capital account surplus which is limited to borrowing from abroad. Select one: O True O False

Macroeconomics: Private and Public Choice (MindTap Course List)
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Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter19: International Finance And The Foreign Exchange Market
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If a country runs a deficit in its current account, it has to be financed by running a capital account surplus which is limited to borrowing from abroad.
Select one:
O True
O False
Transcribed Image Text:If a country runs a deficit in its current account, it has to be financed by running a capital account surplus which is limited to borrowing from abroad. Select one: O True O False
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