New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The _________ is a measurement of a countryrsquo;s

    overall trade where the value of the goods and services it imports exceeds the value of the products it exports.
    A Fiscal Deficit Correct Answer Incorrect Answer
    B Budget Deficit Correct Answer Incorrect Answer
    C Current Account Deficit Correct Answer Incorrect Answer
    D Primary Deficit Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The current account deficit (CAD) is a measurement of a countryrsquo;s trade where the value of the goods and services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as foreign aid.

    Practice Next

    Relevant for Exams: