Multiple Choice
A small open economy has exports equal to 10,imports equal to 6,foreign debt equal to 20.The world interest rate is 10 percent.The country's current account balance is:
A) a surplus of 4.
B) a surplus of 2.
C) a deficit of 2.
D) a deficit of 4.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q19: Use the following to answer questions :<br>Exhibit:
Q20: Compare the impact of an increase in
Q22: In the long-run,increased national saving must <br>I:
Q25: Suppose that the International Monetary Fund (IMF)is
Q26: A small open economy has exports equal
Q56: If the real exchange rate is high,
Q63: Assume that some large foreign countries decide
Q89: In a small open economy, if exports
Q91: In a small open economy, if exports
Q99: The world interest rate:<br>A) is equal to