Suppose that the U.S.government acquires more foreign currency.This change is entered into which of the balance of payments accounts?
A) current account
B) capital account
C) official settlements account
D) trade account
E) reserves account
Correct Answer:
Verified
Q34: Suppose Honda purchases a car factory in
Q35: U.S.official reserves are
A) equal to the value
Q36: If U.S.official reserves increase, the
A) current account
Q37: When the government increases the level of
Q38: In 2008, the current account balance was
Q40: If the foreign invest in the United
Q41: There are three balance of payments accounts.The
Q42: In 2008, in the United States the
Q43: Q44:
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