Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

تمرين 19

What are official reserves? How do net sales of official reserves to foreigners and net purchases of official reserves from foreigners relate to U.S. balance-of-payment deficits and surpluses? Explain why these deficits and surpluses are not actual deficits and surpluses in the overall balance of payments statement.