Question

Current account always shows a debit balance.(agree or disagree.)​

Answer 1

Answer:

agree

Explanation:

because debit means the money which you can use from your account

Answer 2

Answer:

Disagree, Current account shows both debit balance and credit balance.

Explanation:

• The current account is the aggregate of the Balance of trade plus net current transfers plus net income from abroad.
• It helps to know the inflows and outflows from a country to the rest of the world in an economic year.
• The current account is the part of Balance of Payment.
• BOP is a record of all financial and economic transactions that are made internationally over a period of time.
• or in other words, we can say that it is a systematic record of all economic transactions with the rest of the world over a given period of time.
• The current account includes all Visible trade and invisible trade.

Thus, the Current account is the part of the Balance of Payment/ BOP which shows both debit balance and credit balance because of  Visible trade and invisible trade.

#SPJ3