Multiple Choice
The sum of the current account, capital and financial account, and official settlements account is
A) always equal to zero.
B) a positive number if the country has a trade surplus.
C) positive or negative depending on whether the domestic exchange rate is appreciating or depreciating.
D) a negative number if the country has a trade deficit.
Correct Answer:
Verified
Related Questions
Q287: If foreign investment in the United States
Q288: Suppose the current account of a country
