The sum of the balances of the three accounts of the balance of payments (the current account, the capital and financial account, and the official settlements account) is

A) positive if there is a balance of trade surplus or negative if there is a balance of trade deficit.
B) negative if there is a balance of trade surplus or positive if there is a balance of trade deficit.
C) equal to zero.
D) positive if there is a balance of trade surplus.
E) negative if there is a balance of trade deficit.


C

Economics

You might also like to view...

What is the financial capital market? Who are the suppliers in the market? Who are the demanders?

What will be an ideal response?

Economics

Today John says: "I will start working out tomorrow." Yet, as tomorrow arrives he doesn't. This is an example of

A) time inconsistent preferences. B) time consistent preferences. C) exponential discounting. D) future-biased preferences.

Economics

Suppose that a per-unit subsidy is granted to each individual who consumes a product providing external benefits to society at large. Each individuals demand curve will shift ________, and the market demand curve for the product will shift ________

A) to the right; to the right B) to the right; to the left C) to the left; to the left D) to the left; to the right

Economics

Which of the following describes what an IPO is?

a. the first time a firm offers its own stock for sale b. when a firm offers individuals the chance to buy its stock c. the last time a firm offers its own stock for sale d. the first time a firm buys its own stock back

Economics