If the current account balance is -$100 billion and the capital and financial account balance is $80 billion, then the official settlement account balance is
A) -$20 billion.
B) $20 billion.
C) always 0.
D) impossible to determine with the information given.
B
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Deadweight loss is not the result of:
a. an efficient market. b. an inefficient market. c. zero consumer surplus. d. zero producer surplus.
A country's trade balance equals:
A. the value of tariffs less the number of quotas. B. the number of quotas less the value of tariffs. C. the value of imports minus the value of exports. D. the value of exports minus the value of imports.
The demand for U.S. dollars originates from all of the following except
A. Foreign demand for U.S. investments. B. U.S. demand for imported goods. C. Speculation in U.S. dollars. D. Foreign demand for U.S. exports.
"The optimal level of pollution is zero." Do you agree or disagree? Why?
What will be an ideal response?