Economics · Balance of Payments
The Current Account Deficit (CAD) is a measurement of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The difference between external borrowings and repayments
- 2Investment income received from abroad minus payment to foreigners
- 3The excess of a country's total imports of goods, services, and transfers over its total exports✓
- 4Total exports minus total imports
Correct answer
The excess of a country's total imports of goods, services, and transfers over its total exports
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