Economy, asked by tanyarajput139, 2 months ago

A country that has a deficit in its current account may finance it​

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Answered by Queenzel
3

Answer:

A current account deficit indicates that a country is importing more than it is exporting. Emerging economies often run surpluses, and developed countries tend to run deficits. A current account deficit is not always detrimental to a nation's economy—external debt may be used to finance lucrative investments

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