In the balance of payments accounts, changes in U.S. official reserves are recorded in the
A) official settlements account.
B) capital account.
C) international reserves account.
D) current account.
E) international currency account.
Correct Answer:
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Q76: When the U.S. current account has a
Q77: Q78: Define X = exports, M = imports, Q79: If the U.S. interest rate differential falls, Q80: In the foreign exchange market, which of Q81: Q82: If the current account balance is -$100 Q83: Yesterday, the dollar was trading in the![]()
The government's holdings of foreign currency is
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