Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
400 views
in Economics by (45.5k points)

Identify the situation that can be certainly deduced from a "capital and current account equilibrium"? 

A. The current account deficit is financed by the selling of foreign exchanges. 

B. There is an inverse relationship between the current and the capital account. 

C. The capital account has to be equal to the current account to achieve equilibrium. 

D. The country is running into an economic deficit and requires borrowing from foreign reserves.

Please log in or register to answer this question.

1 Answer

+1 vote
by (45.1k points)

B. There is an inverse relationship between the current and the capital account.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...