In the balance of payments statement, a current account surplus will be matched by a capital and financial accounts deficit capital and financial accounts surplus trade deficit trade surplus A trade deficit means a net ? inflow of payments for goods and services outflow of goods and services inflow of goods and services excess of exports over imports

In the balance of payments statement, a current account surplus will be matched by a capital and financial accounts deficit capital and financial accounts surplus trade deficit trade surplus A trade deficit means a net ? inflow of payments for goods and services outflow of goods and services inflow of goods and services excess of exports over imports

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: International Finance

Section: Chapter Questions

Problem 1.1P

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