International free trade always hurts the nations that run deficits,and benefits the nations that run surpluses.
Correct Answer:
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Q18: Which of the following transactions is a
Q19: The current account is equal to
A)S -
Q20: Interest earned on foreign holdings of U.S.federal,state
Q21: The United States became a net international
Q22: A current account deficit implies that
A)the country
Q24: The United States finances current account deficits
Q25: With flexible exchange rates,central banks do not
Q26: National saving minus investment equals the current
Q27: The payment of a dividend by a
Q28: With fixed exchange rates,central banks must finance
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