The net increase in a country's stock of international reserves over a year is called a(n)
A) balance-of-payments deficit.
B) balance-of-payments surplus.
C) trade deficit.
D) trade surplus.
E) reserve requirement excess.
Correct Answer:
Verified
Q109: Foreign currency assets held by a government
Q110: An overvalued exchange rate is an exchange
Q111: A country with a fixed exchange rate
Q112: The net decline in a country's stock
Q113: A massive selling of domestic currency assets
Q115: An exchange rate that has an officially
Q116: A currency revaluation is a(n)
A) increase in
Q117: International reserves are
A) reserves held by banks
Q118: A balance-of-payments surplus is the
A) amount by
Q119: A country with a fixed exchange rate
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