Is it correct to say that a CA deficit is bad for a nation? If so, explain

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Is it correct to say that a CA deficit is bad for a nation? If so, explain why. If not, give an example of how it might be good for a nation to have a CA deficit.

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:50 AM

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Is it correct to say that a CA deficit is bad for a nation? If so, explain

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It is incorrect to say that a current account deficit is bad for a nation Much de...View the full answer

Managing in a Global Economy Demystifying International Macroeconomics

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