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.
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.
举一反三
- A country with a current account surplus is earning more from its exports than it spends on imports.
- A retailer can go bankrupt when A: It loses market share B: It’s assets are greater than its liabilities C: It’s liabilities are greater than its assets D: It’s competitors buy all their merchandise
- 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
- When a country runs a persistent deficit in its balance of payment, the government could use foreign exchange reserves to offset the excess demand or supply of foreign exchange to correct the balance of payments disequilibrium.
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:() A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.