Question

ntify the correct pair of formula from the following column I and II:

(Choose the correct alternative)

Column I Column II

A Current Account Surplus i. Receipts < Payments

B Current Account Surplus ii. Receipts > Payments

C Balance Current Account iii. Receipts ≠ Payments

D Current Account Deficit iv. Receipts ≤ Payments​

Answer 1

balance current account iii reciepts>payment

Answer 2

Answer:

b) B - ii

Explanation:

Current Account Surplus is when there's an inflow of income i.e. receipts > payments