Suppose the Australian government gives foreign aid to Indonesia. This transaction would directly
A) increase the Australian current account.
B) decrease the Australian capital and financial account.
C) decrease the Australian current account.
D) increase the Australian capital and financial account.
Correct Answer:
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Q20: Q21: A German publishing company buys an Australian Q22: Which of the following occurrences would NOT Q23: To pay for a current account deficit, Q24: If the prices in Australia rise faster Q26: The law of demand in the foreign Q27: According to purchasing power parity, a rise Q28: The demand for Australian dollars in the Q29: Given the Australian price level P, the Q30: If Australia's current account balance is -![]()
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