An editorial in the Wall Street Journal in 2017 makes the following observation: "When the US has a current account deficit it has to have a capital-account surplus of the same amount" Source: "How to Think About the Trade Deficit," Wall Street Journal, March 10, 2017. Briefly explain whether you agree with this observation OA Agree, because the United States must have a capital account surplus of the same size B. Disagree, because the observation confuses the capital account with the financial account OC. Disagree, because the current account and the capital account are unrelated OD. Disagree, because the United States must have a capital account deficit of the same size

An editorial in the Wall Street Journal in 2017 makes the following observation: "When the US has a current account deficit it has to have a capital-account surplus of the same amount" Source: "How to Think About the Trade Deficit," Wall Street Journal, March 10, 2017. Briefly explain whether you agree with this observation OA Agree, because the United States must have a capital account surplus of the same size B. Disagree, because the observation confuses the capital account with the financial account OC. Disagree, because the current account and the capital account are unrelated OD. Disagree, because the United States must have a capital account deficit of the same size

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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