The balance of payments identity is given by BCA + BKA + BRA = 0.Rearrange the identity for a country with a pure flexible exchange rate regime.
A) BCA + BKA + BRA = 0
B) BCA = −BKA
C) BCA + BKA = −BRA
D) BRA = −BCA
Correct Answer:
Verified
Q61: The "one word that haunts the dollar"
Q62: The most important international reserve asset,comprising 94
Q63: Among IMF member countries,the dollar's dominant position
Q64: International reserve assets include "foreign exchanges".These are
A)Special
Q65: Assume that the balance-of-payments accounts for a
Q67: When the balance-of-payments accounts are recorded correctly,the
Q68: Assume that the balance-of-payments accounts for a
Q69: Which of the following would not count
Q70: If the central banks of the world
Q71: BCA stands for
A)the balance on the current
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