Multiple Choice
If the U.S. has a capital account surplus, it means that
A) foreigners purchase more of U.S. assets than U.S. residents purchase foreign assets.
B) U.S. exports of capital goods exceed its imports of capital goods.
C) U.S. residents purchase more foreign assets than foreigners purchase U.S. assets.
D) the quantity supplied of U.S. financial assets exceed the quantity demanded.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: The newspapers often use the terms "a
Q19: The current account is<br>A) an accounting statement
Q20: Explain how exchange rates are determined in
Q21: Consider two countries, Mondrain and Davenport that
Q22: Use the following to answer questions .<br>Exhibit:
Q24: If each nation specializes and produces those
Q25: During the economic downturn of 2008-2011, the
Q26: Between 1990 and 2010, world exports have<br>A)
Q27: An increase in the U.S. GDP will
Q28: When countries seek to maintain fixed exchange