A negative current account balance indicates a nation is a net borrower from abroad or a country imports more goods/services than it exports.
A negative current account balance indicates that the nation is a net borrower from abroad. This means that the country is importing more goods and services than it is exporting, leading to a deficit in the current account.
Conversely, a positive current account balance signifies that the nation is a net lender to the rest of the world, indicating an excess of exports over imports.
It's important to note that the fundamental economic question is not whether a nation's economy is borrowing or lending but whether the borrowing or lending aligns with the economic conditions of that country.
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