A country has a current account deficit if A.the value of its imports exceeds the value of its exports, assuming net income from foreign assets and net unilateral transfers have a value of zero. B.the value of its net exports of services exceeds the value of its net exports of goods. C.it receives more income from foreign assets than it pays to foreigners for foreign-owned domestic assets. D.its capital inflows exceed its capital outflows

A country has a current account deficit if A.the value of its imports exceeds the value of its exports, assuming net income from foreign assets and net unilateral transfers have a value of zero. B.the value of its net exports of services exceeds the value of its net exports of goods. C.it receives more income from foreign assets than it pays to foreigners for foreign-owned domestic assets. D.its capital inflows exceed its capital outflows

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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