Multiple Choice
If foreigners held U.S.assets worth $200 billion during a certain year and the current account balance for that year was −$189 billion,the total volume of foreign assets held domestically was worth ________.
A) $101 billion
B) $211 billion
C) $389 billion
D) $421 billion
Correct Answer:
Verified
Correct Answer:
Verified
Q56: Foreign residents can receive income-based payments in
Q57: A tariff does not raise any revenue
Q58: The national accounting identity relating the financial
Q59: The correct calculation for the current account
Q60: List all the sources of income-based payments
Q62: Remittances to foreign countries from legal and
Q63: Technical support provided by an Indian firm
Q64: Explain how the gains from comparative advantage
Q65: Scenario: There are two workers in a
Q66: Scenario: A shoe manufacturer has factories in