How does a negative Current Account imbalance affect the ability of a country to Develop their...
How does a negative Current Account imbalance affect the ability of a country to Develop their Economy?
Homework Answers
Answer - The negative current account balance shows that the import of the goods and sevices is more than the export. Exports are the main source of revenue for the economy and more of imports denotes the excess of expense over the revenue.
The negative balance of the current account will negatively affect the GDP of the economy and will harm the economic growth as there will be decline in the income.
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How does a negative Current Account imbalance affect the ability
of a country to Develop their...
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How does monetary expansion affect the current account under a fixed exchange rate?
How does monetary expansion affect the current account under a fixed exchange rate?
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How does monetary expansion affect the current account under a fixed exchange rate?
How does the presence of "greenhouse gases" in the earth's atmosphere affect the earth's ability to get rid of heat via radiation? O Sulphuric Acid drops keep heat compressed 0 H2504 is a pollutant O Carbon Dioxins build up O Gases create a dome that does not allow heat to be transferred back to cool atmosphere
Grandal Industries declared and paid a dividend. How does this transaction affect the cash account? [Select] How does this transaction affect the retained earnings account? [Select) Question 25 4 pts Rosario, Inc. paid $400 on account for supplies purchased last month. How does this transaction affect the supplies account? debit How does this transaction affect the accounts payable account? credit.
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