p with below homwork, Explain why each incorrect answer is incorrect and the correct answer is correct. A current account deficit implies that : Select One : A. the financial account is negative B. the financial account is in surplus C. exports of goods and services exceed imports of goods and services D. unilateral transfers are positive.

Economics:
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ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter6: An Introduction To The Foreign Exchange Market And The Balance Of Payments
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Pls help with below homwork, Explain why each incorrect answer is incorrect and the correct answer is correct.

A current account deficit implies that :

Select One :

A. the financial account is negative

B. the financial account is in surplus

C. exports of goods and services exceed imports of goods and services

D. unilateral transfers are positive.

 

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