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anhsu anhsu
wrote...
Posts: 498
3 years ago
Which of the following statements is correct?

▸ The overall sum of all the entries in the balance of payments must be zero.

▸ If the current account is in surplus, then the capital account must also be in surplus.

▸ The overall sum of all the entries in the balance of payments must be negative before taking the errors and omissions term into account.

▸ If the current account is in deficit, then the financial account must be in surplus.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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anuja709anuja709
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Posts: 375
3 years ago
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anhsu Author
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3 years ago
Good timing, thanks!
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This site is awesome
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Thanks
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