Multiple Choice
A surplus in the current account implies
A) a surplus in the capital account.
B) a deficit in the capital account.
C) a balanced capital account.
D) there is an excess supply in the foreign currency market.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Fixed exchange rates are determined by the:<br>A)
Q144: Explain how exchange rates are determined in
Q145: Suppose there is an increased demand from
Q147: For fixed exchange rates among nations to
Q148: The terms "balance of payments" and "balance
Q150: International trade does not affect the economy's
Q151: Free-floating exchange rates are determined by the<br>A)
Q152: If the U.S. exchange rate increases relative
Q153: A recession in foreign countries will<br>A) decrease
Q154: When foreigners purchase U.S. assets, there is