Multiple Choice
The following table shows the balance of payments statement for the hypothetical nation of Zabella for 2014.All the figures are in billions of dollars. Refer to the above data.The sign of the official settlement account indicates that:
A) Zabella exported more services than it imported in 2014.
B) Zabella imported more merchandise than it exported.
C) there has been an out payment of $5 billion to official international reserves in 2014.
D) there has been an in payment of $10 billion from the stock of official international reserves in 2014.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Suppose one Canadian dollar would buy 262
Q40: Suppose the current account balance of an
Q41: The following table shows the trade between
Q42: Refer to the diagram below.Assume the initial
Q43: The Canadian demand for pounds is:<br>A)downward sloping
Q45: A nation which imports more goods and
Q46: If the dollar depreciates relative to the
Q47: Which of the following have substantially equivalent
Q48: In using exchange controls, a nation attempts
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the