According to the absorption approach to balance of payments, if a nation’s national income is less than its national expenditure
According to the absorption approach to balance of payments, if a nation’s national income is less than its national expenditure, it will __.
A.will tend to move into payments surplus.
B.will tend to move into payments balance.
C.experience no change in its official settlement balance.
D.experience payments deficit.
正确答案:experience payments deficit.