If a nation has a surplus in its current account,
1) it exports fewer goods than it imports
2) it exports more goods than it imports
3) the value of its currency should fall
4) the value of its currency should rise
A)1 and 3
B)1 and 4
C)2 and 3
D)2 and 4

Question

If a nation has a surplus in its current account,​
1) it exports fewer goods than it imports
2) it exports more goods than it imports
3) the value of its currency should fall
4) the value of its currency should rise
A)​1 and 3
B)​1 and 4
C)​2 and 3
D)​2 and 4

Quizplus · Accepted Answer

The Answer is D

If a Nation Has a Surplus in Its Current Account,​

If a Nation Has a Surplus in Its Current Account,