A country has a deficit on the current account of its balance of payments. This means that
1 )
the country must have a deficit on the balance of trade in goods and services.
the net value of trade in goods and services plus the net value of primary and secondary income must be negative.
3 )
the value of all outflows from the country must be less than the value of all inflows.
4 )
the value of exports of goods must be less than the value of imports of goods.
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