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Author Question: Which of the following statements is true? (Read 14 times)

mydiamond

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on: Apr 19, 2019

Question 1

Which of the following statements is 
true?


◦ A country runs a capital account deficit if it imports more than it exports.
◦ If the current account is in surplus, the capital account must be in deficit.
◦ The overall sum of all the entries in the balance of payments must be positive.
◦ A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.

Question 2

Which of the following statements is 
true?


◦ An increase in exports causes a balance of payments surplus.
◦ A decrease in exports causes a balance of payments deficit.
◦ A decreases in imports causes a balance of payments surplus.
◦ The balance of payments is always in balance.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mydiamond on Apr 19, 2019

31809pancho

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Only 39% of students answer this correctly


mydiamond

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Reply 2 on: Apr 19, 2019
Gracias!

abro1885

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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