To pay for a current account deficit, a country can
A) transfer money from the capital account to the official settlements account
B) increase official reserves to cover the shortfall
C) borrow money from abroad
D) lend money abroad
Correct Answer:
Verified
Q298: In 2008, the U.S. capital account had
Q299: The U.S. capital account measures
A) receipts from
Q300: The official settlements account records the change
Q301: The official settlements account of a country
Q302: If a country is importing more than
Q304: U.S. official reserves are the .
A) U.S.
Q305: The account used to record changes in
Q306: If foreign investment in the United States
Q307: Which of the following statements is INCORRECT?
A)
Q308: When there is a current account deficit
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