Is a negative current account harmful to a country?
By IndianMoney , 1 year ago
IndianMoney
1 year ago
Yes, a negative current account means a country's imports have exceeded it's exports. it also indicates that a country is a net borrower.
Trending Questions
Recent Questions
Related Questions
- What is a current account in a bank?
- Can a individual open a current account?
- What is the minimum balance in current account?
- How do customers close Current Account?
- Is it necessary to maintain minimum balance in current account?
- What are all documents required for opening current account for business persons?
