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From the following, identify the situation which indicates the Current Account Surplus (CAS) in Balance of Payments (BOP…

Q1

From the following, identify the situation which indicates the Current Account Surplus (CAS) in Balance of Payments (BOP) account of a nation.

a

Excess of receipts on current account over the payments on current account.

b

Equality of receipts on current account and payments on current account.

c

Excess of payments on current account over receipts on current account.

d

Excess of payments on current account over receipts on capital account.

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