In a freely floating exchange rate system,if the capital account is running a deficit
A) the balance of payments must run a deficit.
B) the balance of payments must be zero.
C) the current account must run a surplus.
D) both B and C.
Correct Answer:
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Q1: The purchases of goods and assets by
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 _
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