Multiple Choice
Which of the following statements is false?
A) A country runs a net export deficit if it imports more than it exports.
B) If the current account is in surplus, the capital account must be in deficit.
C) The overall sum of all the entries in the balance of payments must be zero.
D) A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: The open economy multiplier is<br>A) 1/[1 -
Q5: Refer to the information provided in Figure
Q6: The level of U.S. exports depends _
Q7: Which of the following policies tends to
Q8: When foreign assets in the United States
Q10: Refer to the information provided in Figure
Q11: _ was the major system of exchange
Q12: A decrease in the supply of dollars
Q13: Why does the depreciation of a country's
Q14: Refer to the information provided in Figure