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Business, 10.10.2021 01:00 bobthebattlebot

A negative balance in the current account means that a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.

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A negative balance in the current account means that a trade deficit definitely exists.
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