The real current-account balance is:
A) net real asset income from abroad less trade balance
B) trade balance plus the net real asset income from abroad.
C) trade balance times the net real asset income from abroad.
D) trade balance less the net real income from abroad.
Correct Answer:
Verified
Q9: The real current account balance is real
Q10: The real current account balance equals:
A)the trade
Q11: The balance of trade is net exports
Q12: The real current account balance equals
A)the net
Q13: The law of one price:
A)prohibits price discrimination.
B)is
Q15: The trade balance is:
A)the difference between exports
Q16: The real current account balance equals:
A)net foreign
Q17: A higher current account deficit is caused
Q18: The difference between real GDP in a
Q19: The balance on the current account is:
A)real
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