A capital account surplus might be expected to cause a current account deficit because the associated
A. | capital outflow would cause the nation's currency to depreciate, contributing to a trade deficit |
B. | capital inflow would cause the nation's currency to depreciate, contributing to a trade deficit |
C. | capital inflow would cause the nation's currency to appreciate, contributing to a trade deficit |
D. | capital outflow would cause the nation's currency to appreciate, contributing to a trade deficit |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |