answersLogoWhite

0

A current account surplus signifies that the country is exporting more than importing or it is supplying more to the world than it takes from other countries. The current account surplus country is NOT consuming all its production, hence living below its means. On the other hand, a country running a persistent deficit in its current account is a net importer and paying more than it is producing, hence living beyond its means. Arun Goel

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is persistent in economics?

Persistent dumping is a tendency of a domestic monopolist to charge a higher price in a country as compared to the international price.


What is persistent dumping in economics?

Persistent dumping is a tendency of a domestic monopolist to charge a higher price in a country as compared to the international price.


How can I change my phone number and country in my Uber account?

To change your phone number and country in your Uber account, you can go to the app settings, select "Account," then "Edit Account," and update your phone number and country information accordingly.


Geographic immobility in the labor force results in?

persistent wage and unemployment differentials in different regions of the country


Women account for about what percentage of the country's jail population?

Women account for about 7% of the country's jail population.


Where did ministers meet Henry VIII to discuss how to run the country?

sex


When someone habbo account in his country get banned including computer can he open another account in another country habbo?

yes


Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?

Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?


Do I need to close my bank account if I leave the country?

Yes, it is advisable to close your bank account if you leave the country to avoid any potential issues with managing your account from abroad.


What geologic structures in the country account for this bounty?

What geologic stratures in the country acount for this bounly


How do you change country on facebook?

You can do this under the account settings.


How a negative current account harmful to a country?

chikut