If the United States sells computers to Russia, and uses the proceeds to buy shares of stock in Russian companies, the U.S. trade balance ________ and the U.S. financial account balance ________.
A. rises; falls
B. falls; rises
C. falls; falls
D. rises; rises
Answer: A
You might also like to view...
In the text, the key question in the "economics of a business" is
A) whether the need to grow revenues is being met. B) should the firm be in the business in which it is operating. C) whether the firm faces rising labor costs. D) can the firm affect its market share.
f a small country in Africa receives a huge investment in capital as a major corporation relocates there, its production possibilities curve will most likely ______.
a. become a straight line b. shift outward c. shift inward d. split into two smaller ones
In the case of purely flexible exchange rates, a decrease in domestic real income, with constant prices and domestic credit, will lead to
A) an increase in international reserves. B) the depreciation of the domestic currency. C) the appreciation of the domestic currency. D) no change in the value of the domestic currency.
As of late 2012, what was the all-time high price for an ounce of gold?
A) $1078 B) $1780 C) $7800 D) $14,163