Question

What does a current account deficit indicate about a

Q: Answer-What does a current account deficit indicate about a country's economy?

A current account deficit occurs when a country imports more goods and services than it exports. This indicates that more money is leaving the country for the purchase of imports than is entering from the sale of exports.

country's economy?

A It exports more than it imports.

B It is not involved in international trade.

C It imports more goods and services than it exports.

D Its currency is depreciating.

E It has an excess of capital inflows compared to outflows

Practice Next

More Alternate Sources of Finance Questions

Which are the input devices that enable direct data entry into a computer system from source documents?
________Function key refreshes the current window.
Which type of printer uses heat to transfer ink onto paper?
Which of the following is not an input device ?
In a computer system, _________ is a group of servers and other resources that act like a single system and enable high availability
The portion of the operating system that resides in memory is known as:
Which of the following storage media provides sequential access only ?
A key-board has at least:
The bubbles in a bubble memory pack are created with the help of
The key F12 opens a ___________________

What does a current account deficit indicate about a

Solution