A country with a current account surplus is earning more from its exports than it spends on imports.
举一反三
- A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country
- If a nation exports more goods than it imports, it has a surplus in the current account.
- A country experiencing a current account surplus: A: needs to borrow internationally. B: is able to lend internationally. C: must also have had a surplus in its overall payments balance. D: spends more than it earns on its merchandise and service trade, international income payments and receipts and international transfers.
- A country that exports more than it imports runs atradedeficit.
- If the balance of payments accounts of a country shows a current account deficit, it means that:( ) A: it is acting as a net lender to the rest of the world. B: its foreign assets are growing slower than its foreign liabilities. C: its foreign assets are growing faster than its foreign liabilities. D: its exports are higher than its imports.