The world as a whole has a current account deficit because
A) some countries export less than they import.
B) there are statistical discrepancies.
C) the United States and China have current account deficit.
D) income from assets held abroad is misreported.
Correct Answer:
Verified
Q1: If the Bank of Canada buys $3
Q2: If France has a trade deficit,then
A)imports into
Q3: Which of the following statements is true?
A)The
Q3: The difference between the current account balance
Q4: Canada's balance of payment accounts
A)are a record
Q5: The official settlements balance equals
A)the sum of
Q7: The current account balance consists of
A)the trade
Q8: If a country's merchandise exports exceed its
Q9: If a French company sells 1000 gallons
Q10: The merchandise trade balance is a country's
A)exports
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