An official settlements account balance of - $5,000 means
A) official reserves of foreign currency increased $5,000
B) official reserves of foreign currency decreased $5,000
C) the country is importing more than it is exporting
D) the country is exporting more than it is importing
Correct Answer:
Verified
Q313: If the U.S. government decreased its holdings
Q314: If the current account balance is $30
Q315: Suppose the current account of a country
Q316: The sum of the current account, capital
Q317: The change in U.S. official reserves is
Q319: If U.S. imports increase, the sum of
Q320: If the U.S. current account balance is
Q321: If a nation during its entire history
Q322: If a country is currently lending more
Q323: ![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents