Multiple Choice
An example of an item included in the current account is
A) the profits made by a South Korean company operating a plant in the United States.
B) the stock of Google held by a South Korean investor.
C) a South Korean company's deposits in Citibank.
D) a bond sold by Tesla Motors to a South Korean investor.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: If there is an increase in demand
Q16: A fixed exchange rate is one in
Q17: Suppose the exchange rate is US$1 =
Q18: If a U.S. firm borrows from an
Q19: In the exchange market between the U.S.
Q21: Ceteris paribus, if exchange rates are flexible
Q22: If China has a current account surplus,
Q23: The account that summarizes the flow of
Q24: If a certain country is undergoing inflation,
Q25: Inflation in one country causes its currency