The balance of payments measures
A) the amount of foreign exchange intervention needed from the central banks
B) exports minus imports
C) the record of exchange in goods and services
D) the value of a representative basket of foreign currencies in terms of the dollar
E) none of the above
Correct Answer:
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Q2: Assume the Japanese yen has appreciated relative
Q3: If the U.S.real exchange rate is greater
Q4: If a country has a balance-of-payments surplus,
Q5: The increase in the real exchange rate
Q6: If the price level of U.S.goods is
Q7: If the real exchange rate is equal
Q8: The reason for the slow adjustment of
Q9: The ease with which international investors can
Q10: Our country's net exports will increase if
A)there
Q11: Which of the following is the equation
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