The trade balance of the country of Utopia would be in deficit only if:
A) its import of services exceed its export of services.
B) its merchandise exports exceed its merchandise imports.
C) its merchandise imports exceed its merchandise exports.
D) foreign investors invest in domestic assets.
E) the citizens of Utopia purchase foreign securities to earn a high return and diversify their investment.
Correct Answer:
Verified
Q22: The current account records:
A)last year's flows of
Q23: Which of the following is a credit
Q24: A country runs a deficit in its
Q25: An exchange rate is:
A)the rate at which
Q26: The foreign exchange rate is:
A)an entry in
Q27: When net unilateral transfers are added to
Q28: The exchange rate is the:
A)ratio of exports
Q29: If foreigners increase their ownership of U.S.assets,this
Q31: If the U.S.dollar appreciates,it implies that:
A)the value
Q32: In order for the balance of payments
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