The real current account balance equals:
A) net foreign investments.
B) the net international investment position.
C) the trade balance.
D) all of the above.
Correct Answer:
Verified
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
Q14: The real current-account balance is:
A)net real asset
Q15: The trade balance is:
A)the difference between exports
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
Q20: Net real asset income from abroad is:
A)rt-1•Bft-1/P.
B)Yt
Q21: While according to the model the current
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