Question: Select A, B, C? A. a move towards surplus B. move towards deficit C. no effect Eland is a small economy with a high per

Select A, B, C?
Eland is a small economy with a high per capita income. It has a high trade ratio with both imports and exports being a high proportion of gross domestic product. The economy is an open one with low trade barriers and no significant controls on the international movement of capital. The current and capital accounts of the balance of payments are currently in balance. Multinational companies are generally welcomed by Eland. Other thing being equal, the direct effect of an economic process on Eland's balance of payments current and capital accounts could be: A. a move towards surplusB. a move towards deficitc. no effect A significant rise in consumer expenditure in Elands trading partners. Current account ; Capital account A large rise in interest rates in Eland. Current account . ; Capital account Investment by a multinational oil company in an offshore oilfield in Eland. Current account . ; Capital account Increased remittance of profits of foreign companies in Eland back to their parent companies. Current account . ; Capital account A. a move towards surplus
B. move towards deficit
C. no effect
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