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If the Current Account Is in Deficit and the Capital

Question 88

Multiple Choice

If the current account is in deficit and the capital and financial account is also in deficit, then the official settlements account balance is


A) positive.
B) equal to the sum of the current account and the capital account.
C) negative.
D) zero.
E) probably close to zero, but could be either negative or positive.

Correct Answer:

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