The foreign exchange rate is:
A) an entry in the current account.
B) the price of a foreign good in the world market.
C) an entry in the capital account.
D) an entry in the balance of trade.
E) the cost of one currency in terms of another.
Correct Answer:
Verified
Q21: The exchange rate is the:
A)opportunity cost of
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
Q27: The trade balance of the country of
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
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