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    Trade surplus in current account

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    Can you be a net debtor nation if you have a trade surplus in your current account? Explain.

    © BrainMass Inc. brainmass.com October 9, 2019, 5:35 pm ad1c9bdddf
    https://brainmass.com/economics/balance-of-payments/trade-surplus-in-current-account-61793

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    BALANCE OF PAYMENT MAY BE DEFINED AS SYSTEMATIC RECORD OF ALL ECONOMIC TRANSACTIONS BETWEEN A RESIDENT OF THE COUNTRY AND THE REST OF THE WORLD DURING THE GIVEN PERIOD. Thus the Balance of Payments 'BOP' is an account of all transactions between one country and all other countries--transactions that are measured in terms of receipts and ...

    Solution Summary

    This explains the concept of Trade surplus in current account

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