Surplus v Deficit

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What's a trade deficit? It's when the amount you spend on purchases is greater than the amount you make from selling your own stuff. Sound familiar? #MarketplaceAPM #EconomicExplainers

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what should I classify deficit as in the balance sheet?

danielapaulaatanosa
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What kind of whiteboard/glassboard are you using?

nahomej
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A country that runes a trade surplus this year
a)has a positive net financial inflow this year
b)is in effect borrowing from the rest of the world this year
c)has bought more foreign assets this year than foreigner have bought its asset
d) has zero net financial outflow this year
Correct Ans is c but why?? My answer was A

joesr