MCQOPTIONS
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| 1. |
When a country realizes a deficit on its current account: |
| A. | Its net foreign investment position becomes positive |
| B. | It becomes a net demander of funds from other countries |
| C. | It realizes an excess of imports over exports on goods and services |
| D. | It becomes a net supplier of funds to other countries |
| Answer» C. It realizes an excess of imports over exports on goods and services | |