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A Turkish Company Exchanges Liras for Dollars and Then Uses

Question 156

Multiple Choice

A Turkish company exchanges liras for dollars and then uses the dollars to purchase medical equipment from a U.S.company.These transactions


A) increase U.S.net exports,and increase Turkish net capital outflow.
B) increase U.S.net exports,and decrease Turkish net capital outflow.
C) decrease U.S.net exports,and increase Turkish net capital outflow.
D) decrease U.S.net exports,and decrease Turkish net capital outflow.

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