Multiple Choice
Which of the following statements is true?
A) A decreases in imports causes a balance of payments surplus.
B) A decrease in exports causes a balance of payments deficit.
C) An increase in exports causes a balance of payments surplus.
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q153: The demand and supply of two countries'
Q154: The Bretton Woods system was the major
Q155: Refer to the information provided in Figure
Q156: Under the gold standard, if gold was
Q157: In the foreign exchange market between the
Q159: U.S. citizens and firms earn foreign exchange
Q160: A U.S. citizen buys a Japanese bond.
Q161: If a nation's interest rates are relatively
Q162: An increase in U.S. imports from Switzerland
Q163: If income increases by $450, we know