Question If the balance of payments account of a country shows a current account deficit, it means that: a.the country is acting as a net lender to the rest of the world. b.the country’s foreign assets are growing slower than its foreign liabilities. c.the country’s foreign assets are growing faster than its foreign liabilities. d.the country’s exports are higher than its imports.
Question
If the balance of payments account of a country shows a current account deficit, it means that:a.the
country is acting as a net lender to the rest of the world.
b.the country’s foreign assets are growing slower than its foreign liabilities.
c.the country’s foreign assets are growing faster than its foreign liabilities.
d.the country’s exports are higher than its imports.