Which of the following statements is accurate?

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The total of all entries in the balance of payments is always positive.A nation has a current account surplus when it sells more foreign assets than it purchases from abroad.A capital account deficit occurs when a country imports more goods than it exports.A surplus in the current account implies a deficit in the capital account.

Explanation

Option A is incorrect because the balance of payments always sums to zero, not necessarily positive. Option B is wrong since selling more foreign assets than buying relates to the capital account, not the current account surplus. Option C is false because a capital account deficit is not directly caused by importing more than exporting; that relates to the current account. Option D is correct because a current account surplus must be offset by a capital account deficit to balance the overall payments.