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    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
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    Suppose the Balance on the Current Account Is +$50 Billion
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Suppose the Balance on the Current Account Is +$50 Billion

Question 110

Question 110

Multiple Choice

Suppose the balance on the current account is +$50 billion and the balance on the capital account is +$1 billion. The balance on the financial account is


A) −$51 billion.
B) −$50 billion.
C) −$49 billion.
D) +$51 billion.

Correct Answer:

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