An official settlements account balance of -$5,000 means
A) the country is importing more than it is exporting
B) official reserves of foreign currency decreased $5,000
C) the country is exporting more than it is importing
D) official reserves of foreign currency increased $5,000
Correct Answer:
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Q281: Q282: If the U.S. current account balance is Q283: Q284: If the current account balance is -$100 Q285: If a country is importing more than Q287: If foreign investment in the United States Q288: Suppose the current account of a country 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