The current account is:
A) a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world.
B) the sum of the balance of trade,net income on capital held abroad,and net transfer payments.
C) the price of one currency in another currency.
D) a currency whose value is not pegged but governments will intervene extensively in the market to keep the value within a certain range.
Correct Answer:
Verified
Q42: All else held constant,an increase in U.S.imports
Q43: The current account includes:
A) the balance of
Q44: All current account transactions take place in:
A)
Q45: If a country has $55 billion of
Q46: All else held constant,an increase in U.S.exports
Q48: Which of the following would be recorded
Q49: The difference between foreign direct investment (FDI)and
Q50: Which of the following is included in
Q51: Transactions in the current account include:
A) changes
Q52: Which of the following is a U.S.current
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