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A Negative Value for the U

Question 20

Multiple Choice

A negative value for the U.S.official reserve assets line in the balance of payments accounts means that


A) U) S. residents have sold more gold to foreigners than they bought.
B) U) S. residents bought more gold from foreigners than they sold.
C) the U.S. central bank has increased its holdings of foreign reserve assets.
D) the U.S. central bank has decreased its holdings of foreign reserve assets.

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