If the current account is in deficit, we know that
A) the merchandise trade balance is also in deficit.
B) the merchandise trade balance is in surplus.
C) the capital account is in surplus.
D) there is a statistical discrepancy in the surplus.
Correct Answer:
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Q21: Official reserve assets include all of the
Q22: Current account transactions are payments and gifts
Q25: Special drawing rights (SDRs)are
A)a reserve asset created
Q27: An increase in a country's rate of
Q27: Which of the following transactions leads to
Q28: When there is a current account deficit,
Q29: All of the following would be considered
Q30: Country X-2015 Transactions (billions of dollars)
Q31: The U.S. balance of payments status may
Q32: Unilateral transfers are
A) transactions that take place
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