Multiple Choice
The current account balance consists of
A) the trade balance plus the services balance.
B) net exports of goods and services,minus net unilateral transfers.
C) net exports of goods and services,plus investment income from abroad,plus net unilateral transfers.
D) net exports of goods and services,plus investment income from abroad,plus net unilateral transfers,minus the capital and financial account balance.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: A friend claims that the United States
Q26: A large open economy increases its desired
Q26: If a French company exports $2 million
Q33: A large open economy has desired national
Q34: If the United States donates footballs to
Q35: A large open economy has desired national
Q48: When there are two large open economies,the
Q70: Suppose an economy has output of 2100,government
Q103: A large open economy<br>A)dominates world trade in
Q117: Suppose output is $1000 billion,government purchases are