The major factor affecting a nation's balance of payments is
A) an increase in its rate of unemployment.
B) its rate of inflation relative to the rate of inflation of its trading partners.
C) a change in the productivity of its labour.
D) its stock market movements.
Correct Answer:
Verified
Q31: When the dollar price of a euro
Q32: Flexible exchange rates occur when
A)no one knows
Q33: When the dollar price of a euro
Q34: When the dollar price of a euro
Q36: A reduction in a country's rate of
Q38: Special drawing rights (SDRs)are
A)a reserve asset created
Q39: The price of foreign currency in terms
Q40: If the current account is in surplus,we
Q41: When a dinner in Europe costs 150
Q102: The foreign exchange rate describes the
A) balance
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