Multiple Choice
If a nation's balance on current account is a negative $20 billion, while its balance on capital account is a positive $16.5 billion, we can conclude with certainty that this nation is experiencing:
A) a merchandise trade deficit.
B) a merchandise trade surplus.
C) a reduction in its stock of foreign currency.
D) a balance of payments surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q50: Assume that, under a system of flexible
Q51: A market in which the money of
Q53: If the dollar depreciates, Canadian exports will
Q54: Which of the following would call for
Q55: Which of the following creates a supply
Q56: The balance of payments must always balance,
Q57: The following table shows the balance of