Which of the following is FALSE?
A) The United States doesn't have a balance of trade.
B) Exports are imports are included in the current account.
C) Sales and purchases of assets are included in the capital account.
D) The current account and the capital account are more-or-less mirror images of one another.
Correct Answer:
Verified
Q1: If France exports more goods than it
Q2: Capital account transactions occur because of
A) imports.
B)
Q4: As U.S. citizens import more goods,
A) the
Q5: The capital account and the current account
A)
Q6: If a country maintains a fixed exchange
Q7: When citizens face a foreign exchange risk,
Q8: When a country attempting to maintain a
Q9: In a floating exchange rate system, the
Q10: If the Japanese yen appreciates against the
Q11: Exchange rates that are allowed to fluctuate
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