Answer to Question #57077 in Finance for Shamsudeen AbdulRahman

Question

If we add up the current account balances for every nation in world, the overall balance will equal
Select one:
a. the size of world GDP.
b. spending minus savings.
c. zero.
d. the value added in all sectors of each nation.

Answer 1

The right answer is A – the size of world GDP (General domestic product).