The current account shows international transactions in goods and services, the capital account shows international transactions involving the flow of financial assets, and the official reserve transactions account shows movement of international reserves
a. True
b. False
A
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Referring to Figure 19.2, the effect of a decrease in Japanese interest rates is represented by a movement from point
A) a to d. B) b to c. C) b to a. D) a to b.
A large open economy
A) dominates world trade in one or more products. B) is physically larger than all small open economies. C) has a larger population than all small open economies. D) lends or borrows enough in the international capital market to influence the world real interest rate.
The CFNAI is a
A) leading index based on variables released with different frequencies. B) coincident index based on variables released with different frequencies. C) leading index based on 85 monthly variables. D) coincident index based on 85 monthly variables.
Frozen Treats and Dairy Treats are two ice cream firms that are competing with each other. If Frozen Treats announces an upcoming price change next month, it may be signaling to Dairy Treats its intent to engage in ________.
A) a Cournot oligopoly B) tacit collusion C) a Chamberlin oligopoly D) a Stackelberg oligopoly