a freely-floating exchange rate system, the sale of Japanese cars to the United States will be offset by which item on the US balance of payments?
A) a credit on the net liquidity balance
B) a debit on the capital account
C) a debit on the trade account
D) a credit on the current account
Correct Answer:
Verified
Q2: balance of trade deficit results in a
Q3: Recent US trade deficits can be attributed
Q4: order to reduce its current-account deficit, the
Q6: the real value of the dollar rises,
Q7: US savings deficit can be attributed, in
Q7: change in private domestic borrowing or lending
Q9: most likely way to reduce the Japanese
Q11: accounting statement that summarizes all the economic
Q11: a freely floating exchange rate system, if
Q19: Tourism shows up on the _ account.
A)merchandise
B)current
C)capital
D)official
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