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Lizaida Espada
on Oct 12, 2024

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In 2009,we ran a ________ on our current account and a _______ on our capital account.

A) deficit;deficit
B) surplus;surplus
C) deficit;surplus
D) surplus;deficit

Current Account

Part of a country's balance of payments, it includes the trade balance, net income from abroad, and net current transfers.

Capital Account

A national account that records transactions involving the purchase and sale of assets, such as property rights and stocks, between residents and non-residents.

  • Understand the dynamics of the current account balance and factors affecting it.
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Sajal AroraOct 15, 2024
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