The balance of payments account which records foreign investment in Australia and Australian investments abroad is the
A) official settlements account.
B) current account.
C) capital and financial account.
D) None of the above because foreign investment in Australia is included in one account and Australian investment abroad is included in another account.
Correct Answer:
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Q9: Q10: Suppose a Japanese bank offers a 4 Q11: If the interest rate on Japanese yen Q12: Interest rates in Australia rise relative to Q13: If the Reserve Bank raises Australian interest Q15: Suppose the exchange rate of Australian dollar Q16: The demand curve for Australian dollars Q17: When Australia exports goods to foreign countries, Q18: In 2010/11, the Australian capital and financial Q19: Today, the dollar is worth 1.15 euros.
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