Suppose the current account balance of an economy is -$50 billion and the stock of official international reserves is -$11 billion.Given the information, it can be said that the balance in the capital account is:
A) $61 billion.
B) -$61 billion.
C) -$111 billion.
D) $111 billion.
Correct Answer:
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Q119: Q120: The Bretton Woods system of exchange rates Q121: Suppose the current account balance of an Q122: Using Image 18.2 Global Perspective, In October Q123: Using Image 18.2 Global Perspective, In October Q126: Using Image 18.2 Global Perspective, In October Q127: Imports cause: Q128: Exports cause: Q129: Suppose the capital account balance of an Q291: Critics of the managed floating exchange rate
A)an outflow of money and an
A)an outflow of money and an
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