Suppose that in 1995 Narnia exported $350 thousand worth of goods and services, imported $275 thousand worth of goods and services, had net unilateral transfers of -$15 thousand, and had a net capital outflow of $30 thousand. The balance on its current account would be:
A) $75 thousand.
B) $60 thousand.
C) -$60 thousand.
D) -$75 thousand.
Correct Answer:
Verified
Q43: Use the following diagram to answer the
Q48: Suppose the current exchange rate between the
Q49: Suppose a country has $500 million in
Q50: Suppose a country has a balance of
Q52: Suppose the current exchange rate between the
Q54: Use the following diagram to answer the
Q55: Use the following diagram to answer the
Q56: Use the following diagram to answer the
Q57: Which events triggered the Asian financial crisis?
A)
Q58: Suppose the current exchange rate of pounds
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents