Solved

If a French Company Exports $2 Million of Machinery to Italy

Question 15

Multiple Choice

If a French company exports $2 million of machinery to Italy and French tourists spend $2 million at Italian beaches,the Italian current account balance ________,and the Italian financial account balance ________.


A) rises; rises
B) rises; is unchanged
C) is unchanged; is unchanged
D) is unchanged; rises

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions