Multiple Choice
Which of the following statements is INCORRECT?
A) Payments for imports and receipts from exports are recorded in the current account.
B) Foreign investment in the United States and U.S. investment abroad are recorded in the capital and financial account.
C) A change in U.S. official reserves is recorded in the official settlements account.
D) Net interest income is recorded in the official settlements account.
Correct Answer:
Verified
Correct Answer:
Verified
Q271: "Fluctuations in exchange rates, other things remaining
Q272: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q273: The U.S. dollar is regarded as the
Q274: If the U.S. interest rate differential increases,
Q275: If a country has a capital and
Q277: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q278: Suppose that $1 U.S. costs $1.50 Canadian.
Q279: A decrease in the demand for U.S.
Q280: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q281: The sum of the current, capital and