Multiple Choice
Scenario: There are two countries-Country X and Country Y-that trade only with each other. During a particular year, the residents of Country X purchased buildings worth $10 billion in Country Y. None of the other transactions between the two countries during that year involved the purchase or sale of assets.
-Refer to the scenario above.The purchase of assets by the residents of Country X would lead to a ________ in Country X.
A) trade deficit
B) financial account deficit
C) financial account surplus
D) trade surplus
Correct Answer:

Verified
Correct Answer:
Verified
Q143: Scenario: Mark can make three tables and
Q144: Taxes levied on imports are called _.<br>A)
Q145: A U.S.resident owns a factory in China.Earnings
Q146: Scenario: Montesia is predominantly a producer and
Q147: As the real interest rate _,net capital
Q149: In 2015,approximately _ of U.S.imports of goods
Q150: _ is the excess of imports over
Q151: What are net capital outflows?
Q152: Scenario: A shoe manufacturer has factories in
Q153: Scenario: Montesia is predominantly a producer and