If U.S. imports increase, the sum of the balance of payments accounts the sum of the current account plus capital and financial account plus official settlements account)
A) becomes negative or positive depending on the government budget deficit or surplus.
B) becomes positive.
C) does not change.
D) becomes negative.
Correct Answer:
Verified
Q292: The sum of the current account, capital
Q293: Q294: Q295: If the current account has a negative Q296: To pay for a current account deficit, Q298: The change in U.S. official reserves is Q299: When there is a current account deficit Q300: If the current account has a positive Q301: If a country during its entire history Q302: When we have a negative current account,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents