If the U.S. current account balance is -$500 billion and the capital and financial account balance is
+$510 billion,
A) foreign investment in the United States is smaller than the U.S. investment abroad.
B) the U.S. official settlements account balance is $10 billion.
C) U.S. exports are greater than U.S. imports.
D) the U.S. governmentʹs holdings of foreign currency increases by $10 billion.
Correct Answer:
Verified
Q277: The official settlements account records the change
Q278: Which of the following statements is INCORRECT?
A)
Q279: The account that records changes in the
Q280: Which of the following transactions directly leads
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