When there is a current account deficit and the official settlements account equals 0, then
A) the capital account has a surplus.
B) the country is an exporter of capital.
C) the country has a budget surplus.
D) exports exceed imports for the country.
Correct Answer:
Verified
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
Q306: If foreign investment in the United States
Q307: Which of the following statements is INCORRECT?
A)
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
Q312: If the current account balance is -
Q313: If the U.S. government decreased its holdings
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