The purchases of goods and assets by domestic residents from foreign residents are ________ because they cause an outflow of foreign exchange.________ increase the demand for the foreign money in the foreign exchange market.
A) credit transactions
B) current account transactions
C) debit transactions
D) capital account transactions
Correct Answer:
Verified
Q2: In a freely floating exchange rate system,if
Q3: A balance of trade deficit results in
Q4: In a freely floating exchange rate system,the
Q5: Persistent,large current account deficits are often associated
Q6: The U.S.Department of Commerce breaks the total
Q7: The sale of American computers to the
Q8: Tourism would show up on the
A) merchandise
Q9: When the yen is selling at a
Q10: All of the following are the reasons
Q11: The three major accounts of the _
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