Which of the following occurs when a country exports more goods and services and receives more income from abroad than it imports?
A)Current account deficit
B)Capital account surplus
C)Current account surplus
D)Capital account deficit

Question

Quizplus · Accepted Answer

A current account surplus occurs when a country exports more goods and services than it imports, resulting in more income flowing into the country than out of it. This can be seen as a positive sign for the country's economy, as it is earning more from foreign trade and investment.

Which of the Following Occurs When a Country Exports More