Question: 3 A current account deficit must be financed by borrowing from foreigners. It may be beneficial or harmful to a country. Concisely explain in one

3 A current account deficit must be financed by borrowing from

foreigners. It may be beneficial or harmful to a country. Concisely explain

3 A current account deficit must be financed by borrowing from foreigners. It may be beneficial or harmful to a country. Concisely explain in one sentence for each. a. Deficit is beneficial: b. Deficit is harmful

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