A large current account deficit is most likely to come about when desired investment _ substantially and if desired national saving _ substantially.

Question

A large current account deficit is most likely to come about when desired investment _____ substantially and if desired national saving _____ substantially.

asked Apr 14, 2021 70.4k views

1 Answer

← Prev Question Next Question →

Ask a Question

Joel Grenon · Answer 1 · 2021-04-19T01:58:15+0000

Answer:

Increases; Declines

Step-by-step explanation:

A current account deficit occurs when the value of imports (of goods, services and investment income) is greater than the value of exports. If the currency is overvalued, imports will be cheaper, and therefore there will be a higher quantity of imports.

A large current account deficit is most likely to come about when desired investment _ substantially and if desired national saving _ substantially.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions

A large current account deficit is most likely to come about when desired investment​ _____ substantially and if desired national saving​ _____ substantially.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions

A large current account deficit is most likely to come about when desired investment _ substantially and if desired national saving _ substantially.