Multiple Choice
Which of the following does NOT appear in the current account part of the balance of payments?
A) a loan of $1 million from Bank of America to Brazil
B) foreign aid to El Salvador
C) an Air France ticket bought by an American
D) income earned by General Motors from its plants abroad
Correct Answer:
Verified
Correct Answer:
Verified
Q12: The monetary policy strategy that provides an
Q13: A central bank's attempt to prevent an
Q14: A central bank _ of domestic currency
Q15: Under a fixed exchange rate regime,if a
Q16: Under the Exchange Rate Mechanism of the
Q18: When the domestic currency is initially overvalued
Q19: Under a fixed exchange rate regime,if a
Q20: If a central bank does not want
Q21: A current account surplus indicates that America
Q22: Everything else held constant,if a central bank