A country has a current account deficit of $150 million and a capital account su

Practice Questions

Q1
A country has a current account deficit of $150 million and a capital account surplus of $100 million. What is the overall balance of payments?
  1. $50 million surplus
  2. $50 million deficit
  3. $150 million surplus
  4. $150 million deficit

Questions & Step-by-Step Solutions

A country has a current account deficit of $150 million and a capital account surplus of $100 million. What is the overall balance of payments?
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