A __________ in the balance of payments means that we are paying out more money abroad than we are taking in, resulting in a(n)__________ of foreign exchange value relative to the dollar.
A) deficit; depreciation
B) surplus; appreciation
C) surplus; depreciation
D) deficit; appreciation

Question

Quizplus · Accepted Answer

The Answer of A __________ in the balance of payments means that we are paying out more money abroad than we are taking in, resulting in a(n)__________ of foreign exchange value relative to the dollar.
A) deficit; depreciation
B) surplus; appreciation
C) surplus; depreciation
D) deficit; appreciation

A __________ in the Balance of Payments Means That We