If foreign investment in the United States exceeds U.S. investment abroad, there is a ; and when U.S. investment abroad exceeds foreign investment in the United States, there is .
A) capital account deficit; a capital account surplus
B) current account surplus; an official accounts surplus
C) capital account surplus; a capital account deficit
D) current account surplus; a current account deficit
Correct Answer:
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Q301: The official settlements account of a country
Q302: If a country is importing more than
Q303: To pay for a current account deficit,
Q304: U.S. official reserves are the .
A) U.S.
Q305: The account used to record changes in
Q307: Which of the following statements is INCORRECT?
A)
Q308: When there is a current account deficit
Q309: The official settlements account for the United
Q310: If the official settlements account equals zero,
Q311: If the U.S. government increased its holdings
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