Solved

If the US Current Account Balance Is -$500 Billion and the Capital

Question 282

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents