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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
  5. Question
    Suppose the Balance on the fiNancial Account Is +$200 Billion
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Suppose the Balance on the fiNancial Account Is +$200 Billion

Question 74

Question 74

Multiple Choice

Suppose the balance on the financial account is +$200 billion and the balance on the capital account is +$2 billion. The size of the current account is


A) +$200 billion.
B) −$202 billion.
C) −$198 billion.
D) +$2 billion.

Correct Answer:

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