The difference between net capital flows and the current account deficit is called the
A)capital account surplus.
B)capital account deficit.
C)international error.
D)missing number.
E) statistical discrepancy.

Question

Quizplus · Accepted Answer

The difference between net capital flows and the current account deficit is known as the statistical discrepancy. This discrepancy arises because there may be errors in data collection or reporting, or because of timing differences between when transactions occur and when they are recorded. This discrepancy is often regarded as a minor issue in economic analysis.

The Difference Between Net Capital Flows and the Current Account