Suppose you read an article in the local newspaper, which states, "Cortlandia had a current account balance of $760 billion in 2012."
From this information, you can conclude that in 2012, Cortlandia
had a greater amount of income flowing into the country than flowing out of the country in 2012.
had a capital and financial account balance of -$760 billion.
imported more goods than it exported.
had a capital and financial account balance greater than $760 billion, because a country has to pay interest on borrowed money.