![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
![Balance of Payments: Surplus and Deficit, Autonomous and Accommodating Transactions, Errors and Omissions - GeeksforGeeks Balance of Payments: Surplus and Deficit, Autonomous and Accommodating Transactions, Errors and Omissions - GeeksforGeeks](https://media.geeksforgeeks.org/wp-content/uploads/20220928105323/CausesofBoPDisequilibrium-660x431.png)
Balance of Payments: Surplus and Deficit, Autonomous and Accommodating Transactions, Errors and Omissions - GeeksforGeeks
![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
![Balance of Payments Open Market Economies. NX < 0 NX > 0 Trade Deficit Trade Surplus Red = Trade Deficit (more imports than exports) Blue = Trade Surplus. - ppt download Balance of Payments Open Market Economies. NX < 0 NX > 0 Trade Deficit Trade Surplus Red = Trade Deficit (more imports than exports) Blue = Trade Surplus. - ppt download](https://images.slideplayer.com/26/8300023/slides/slide_9.jpg)
Balance of Payments Open Market Economies. NX < 0 NX > 0 Trade Deficit Trade Surplus Red = Trade Deficit (more imports than exports) Blue = Trade Surplus. - ppt download
![Balance of payments surplus despite large trade deficit and lower remittances | The Sunday Times Sri Lanka Balance of payments surplus despite large trade deficit and lower remittances | The Sunday Times Sri Lanka](http://www.sundaytimes.lk/170813/uploads/Econ-Cartoon1.jpg)