A

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Q. If the U.S. faces a balance-of-payments deficit on the current account, it must run a surplus on:

  • (A) The official settlements account
  • (B) The capital account
  • (C) Either the official settlements account or the capital account
  • (D) Both the official settlements account and the capital account
  • Correct Answer - Option(C)
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  • Filed under category Economic
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