Let X = exports; M = imports, = net exports.Which of the following equations is correct?
A) Xn = Purchases of domestic assets by foreigners + domestic purchases of foreign assets
B) Xn = Purchases of domestic assets by foreigners - domestic purchases of foreign assets
C) Xn = -[( Purchases of domestic assets by foreigners) - (domestic purchases of foreign assets) ]
D) X + Purchases of domestic assets by foreigners = M + domestic purchases of foreign assets
Correct Answer:
Verified
Q93: The current account is
A)an accounting statement that
Q93: The current account
A) keeps track of all
Q94: Which of the following statements is true?
A)A
Q95: A current account surplus exists when
A)net exports
Q97: A statement of spending flows into and
Q98: A surplus in the current account implies
A)
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