If a country has a current account surplus,it also has
A) a financial account surplus.
B) an increase in its official reserve assets.
C) a balance of payments deficit.
D) an increase in its holding of net foreign assets.
Correct Answer:
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Q30: If the United States had a financial
Q31: If there are no net factor payments
Q32: Suppose output is $35 billion,government purchases are
Q33: Assuming no change in the effective tax
Q34: A financial account surplus necessarily implies
A)a balance
Q36: A country's financial account balance decreases if
A)its
Q37: For each of the following transactions,explain what
Q38: Suppose the current account shows debits of
Q39: If the Federal Reserve buys $3 billion
Q40: Suppose a country has the following balance
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