If the balance of payments accounts of a country shows a current account deficit, it means that
A. the country's foreign assets are growing more quickly than its foreign liabilities.
B. the country's exports are higher than its imports.
C. the country's foreign assets are growing more slowly than its foreign liabilities.
D. the country is acting as a net lender to the rest of the world.
Answer: C
You might also like to view...
Under an emission tax, polluters ________ what price they have to pay to pollute, __________________________ how much pollution will be generated.
A. know; and government knows B. don't know; and government doesn't know C. know; but government doesn't know D. don't know; but government knows
A cartel most likely forms in
A) an oligopolistic market. B) a perfectly competitive market. C) a monopolistically competitive market. D) a heavily regulated industry.
The law of diminishing marginal utility holds that at some point consumption of additional units of a commodity adds less to total utility
a. True b. False Indicate whether the statement is true or false
Which of the following is not a segment of the foreign exchange market?
a. The stock market for multinational companies. b. The swap market. c. The outright forward market. d. The spot market. e. All of the above are segments of the foreign exchange market.