
A measure of the change in the stock of real and financial assets held by a country's residents in a foreign country and by foreigners in the given country is called the:
A) current account.
B) financial account.
C) national income product account.
D) none of the above.
Correct Answer:
Verified
Q18: Exports are:
A)positively related to income in the
Q19: When a country's import spending exceeds export
Q20: Borrowing from abroad represents:
A)a capital outflow.
B)a capital
Q21: The difference between the interest income or
Q22: When the central banks of various countries
Q24: In the foreign exchange market,the quantity U.S.dollars
Q25: Exports are:
A)positively related to the level of
Q26: Holding everything else constant,a country's exports will
Q27: In the foreign exchange market,the quantity U.S.dollars
Q28: The exchange rate is determined by the
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