![Balance-of-payments accounting indicates that any surplus (deficit) in the current account must be offset by a deficit (surplus) in the financial account. Explain why this is so, using demand and supply curves Balance-of-payments accounting indicates that any surplus (deficit) in the current account must be offset by a deficit (surplus) in the financial account. Explain why this is so, using demand and supply curves](https://homework.study.com/cimages/multimages/16/forex.2544408209653295534.png)
Balance-of-payments accounting indicates that any surplus (deficit) in the current account must be offset by a deficit (surplus) in the financial account. Explain why this is so, using demand and supply curves
![What is Balance of Payment? What is balance of Trade? What is current account deficit/ Surplus and capital account deficit / Surplus? What is forex reserve? What is Trade Deficit/ Surplus? – CACube What is Balance of Payment? What is balance of Trade? What is current account deficit/ Surplus and capital account deficit / Surplus? What is forex reserve? What is Trade Deficit/ Surplus? – CACube](https://cacube.in/wp-content/uploads/2021/02/ecom.jpg)
What is Balance of Payment? What is balance of Trade? What is current account deficit/ Surplus and capital account deficit / Surplus? What is forex reserve? What is Trade Deficit/ Surplus? – CACube
![Deficit in current account in 2nd quarter is $236 million of the Palestinian balance of payments - statistics Deficit in current account in 2nd quarter is $236 million of the Palestinian balance of payments - statistics](https://english.wafa.ps/image/NewsThumbImg/Default/226967b1-c48e-4402-a743-7379f38d8933.jpg)