In 2009, Germanyʹs capital account was -$135 million. This implies that
A) Germanyʹs currency must have appreciated during 2009.
B) Germany invested more in other countries than those countries invested in Germany.
C) Germanyʹs official settlements account in 2009 must have been positive.
D) Germany imported more goods from its trading partners than it exported.
Correct Answer:
Verified
Q405: In the foreign exchange market, what factor
Q410: In the foreign exchange market, how does
Q413: On www.yodobashi.com, you can buy a
Q417: Explain the effect on the demand for
Q422: Looking at the U.S. balance of payments
Q429: "In the foreign exchange market, if the
Q433: How will an increase in the expected
Q435: Define net borrower, net lender, creditor nation,
Q437: What is purchasing power parity?
Q439: What role can the Fed play in
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