A country experiencing a significant balance-of-payments surplus would be likely to
A)expand imports, offering marketing opportunities for foreign enterprises.
B)refrain from imposing foreign exchange restrictions.
C)expand exports, offering international marketing opportunities for domestic enterprises.
D)Both a and b

Question

Quizplus · Accepted Answer

A country with a balance-of-payments surplus has more foreign currency, allowing it to expand imports and refrain from imposing foreign exchange restrictions.

A Country Experiencing a Significant Balance-Of-Payments Surplus Would Be Likely