The sale of American computers to the Spanish government shows up as
A) a debit on the official reserves account.
B) a credit on the official reserves account.
C) a credit on the trade account.
D) a debit on the current account.
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
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 _
Q12: The accounting statement that summarizes all the
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