Classify the countries according to the sign of each countries' current account balance in 2012. Current...
Classify the countries according to the sign of each countries' current account balance in 2012.
| Current account surplus | Current account deficit |
Answer bank:
| United States | China | Canada | Germany | United Kingdom | Japan |
Homework Answers
According to the Organization for Economic Co-operation and Development (OECD) data,
The countries that had a current account deficit in the year 2012 - India, Australia, Canada, United Kingdom, United States, Mexico, France etc
The countries that had a current account surplus in the year 2012 - Germany, Japan, Saudi Arabia, Norway, China etc.
Among the given countries
Current account surplus - China, Germany, Japan
Current account deficit - United States, United Kingdom
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