A country experiencing a serious BOP _________ is more likely to __________ imports than otherwise.
Both the BOP and the current account must be in balance.
Which of the following is NOT an example of an exchange of financial assets?
Over the last several years, the United States has run a ________ in the goods trade balance and a __________ in the services trade balance.
In 1999 the United States posted a current account deficit of -$331 billion. However, the __________ sub sector had a positive balance of $78 billion.
Which of the following would be considered a direct investment either into or from the United States?
The role of official reserves is _____________ under a __________exchange rate regime.
If most major economies are operating under a regime of fixed exchange rates, then a ___________ in a country's balance of payments suggests that the country should ____________ its currency.
The era between 1880 and 1914, when the gold standard was in use, was characterized by decreasing capital mobility.
An excess of merchandise exports over merchandise imports results in a balance of trade deficit.
Answer choices in this exercise are randomized and will appear in a different order each time the page
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