Solved

If the Current Account Balance Shows a Surplus,and Capital Account

Question 15

Multiple Choice

If the current account balance shows a surplus,and capital account receipts exceed capital account payments,then the net change in government international reserves must be ________,indicating a(n) ________ in U.S.international reserves.


A) positive; increase
B) negative; increase
C) negative; decrease
D) positive; decrease

Correct Answer:

verifed

Verified

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

Related Questions