Governments normally are concerned when their country is running a surplus on the current account of their balance of payments. ( )
举一反三
- The official settlements balance or balance of payments is the sum of the current account balance and the capital account balance.
- A country experiencing a current account surplus:
- A country has a current account __________ if it is saving more than it is investing domestically. A: surplus B: deficit C: balance D: unbalance
- When a country faces a current account surplus, theoretically it also faces A: a services trade deficit B: a capital and financial account deficit C: a capital and financial account surplus D: a services trade surplus
- 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.