The capital account of the balance of payments consists of
A) the long-term transactions that we conduct with foreigners.
B) all the goods and services produced during the current year,which we buy from or sell to foreigners.
C) the interest,dividends,and profits that the U.S.collected from foreign investments less what U.S.firms paid foreign investors.
D) None of the choices is true.
Correct Answer:
Verified
Q1: During the 1980s,foreigners expanded their role in
Q3: Statement I: We are currently on the
Q4: Devaluation of a nation's currency is an
Q5: Which statement is false?
A)Our balance of payments
Q6: In 2009,we had a current account _
Q7: The demise of the gold standard led
Q8: Over the last decade,foreigners have been exercising
A)a
Q9: Which statement is true?
A)The U.S.is both the
Q10: In recent years
A)our current account and capital
Q11: Which statement is false?
A)Foreigners have reinvested most
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