Question 16
Which of these would not appear in a country's current account?
a. |
value of exports |
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b. |
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c. |
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d. |
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3.33 points
Question 17
If a country has a $300 billion trade deficit, a balance on income (inflow – outflow) of $200 billion, and no net transfers, what is this country's current account balance?
a. |
–$500 billion |
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b. |
–$100 billion |
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c. |
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d. |
$500 billion |
Ans 16. Net increase in foreign-owned holdings
This transaction would appear in the country's capital account.
Ans 17. Country's current account balance = Balance on income - Trade deficit = $200 billion - $300 billion = -$100 billion
b) -$100 billion
Question 16 Which of these would not appear in a country's current account? a. value of...
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