Multiple Choice
The net increase in a country's stock of international reserves over a year is called a(n) :
A) balance-of-payments deficit.
B) balance-of-payments surplus.
C) trade deficit.
D) trade surplus.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: As the dollar exchange rate, e, decreases,
Q46: A country will have a balance-of-payments deficit
Q47: Based on this figure, if the official
Q48: European households wishing to purchase shares of
Q49: The following table provides nominal exchange
Q51: An exchange rate that has an officially
Q52: If monetary policy is used to set
Q53: A decrease in the real exchange rate
Q54: If a country pegs its currency to
Q55: Suppose the price of gold is $300