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Juli2301 [7.4K]
3 years ago
10

A deficit in a nation’s current account means:

Business
1 answer:
Marrrta [24]3 years ago
5 0

Answer:

B. it must have a deficit in its financial account as well

Explanation:

Current account deficit is the measure of the a country trade, a country imports and exports the goods. Net effect of both will be deficit or surplus.

If the Payment against the imports are higher than the receipts against the exports then there is a deficit.

If the Payment against the imports are Lower than the receipts against the exports then there is a Surplus.

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