QUESTION 29 A country with a negative current account (trade deficit) has: O A. a positive capital account. O B. large budget deficits. O C. a negative capital account. D. no capital account.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
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QUESTION 29
A country with a negative current account (trade deficit) has:
O A. a positive capital account.
O B. large budget deficits.
O C. a negative capital account.
O D. no capital account.
Transcribed Image Text:QUESTION 29 A country with a negative current account (trade deficit) has: O A. a positive capital account. O B. large budget deficits. O C. a negative capital account. O D. no capital account.
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