Multiple Choice
A favorable balance of trade occurs when
A) merchandise exports are greater than merchandise imports
B) merchandise imports are greater than merchandise exports
C) international trade is an increasing share of total output
D) the balance on capital account equals the balance on current account
E) unilateral transfers are positive
Correct Answer:
Verified
Correct Answer:
Verified
Q102: A small amount of international debt can
Q103: When a country goes to the IMF
Q104: A depreciation of Israel's currency (the shekel)
Q105: In the balance of payments account, the
Q106: Arbitrage works to create a general equilibrium
Q108: The appreciation of a currency encourages exports.
Q109: If a country experiences deflation, its currency
Q110: a. What are foreign exchange reserves?<br> b.
Q111: Import and exchange controls are designed to<br>A)
Q112: If the exchange rate for Micromania's micros