Which of the following is correct when exports exceed imports in international trade?Multiple ChoiceOOA. The current account will have a surplus.B. The financial account will have a surplus.C. The current account will have a deficit.D. Both B and C

Current account records transaction of a country with rest of the world. It shows transactions…

Which of the following is correct when exports exceed imports in international trade? Multiple Choice O O O A. The current account will have a surplus. B. The financial account will have a surplus. C. The current account will have a deficit: D. Both B and C

Which of the following is correct when exports exceed imports in international trade? Multiple Choice O O O A. The current account will have a surplus. B. The financial account will have a surplus. C. The current account will have a deficit: D. Both B and C

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter2: International Flow Of Funds

Section: Chapter Questions

Problem 2QA

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