Author Question: In 2010, about A) 20 percent of foreign exchange transactions involved exchanges of foreign ... (Read 253 times)

vinney12 · **on:** Jun 30, 2018

In 2010, about

A) 20 percent of foreign exchange transactions involved exchanges of foreign currencies for U.S. dollars.
B) 10 percent of foreign exchange transactions involved exchanges of foreign currencies for U.S. dollars.
C) 30 percent of foreign exchange transactions involved exchanges of foreign currencies for U.S. dollars.
D) 40 percent of foreign exchange transactions involved exchanges of foreign currencies for U.S. dollars.
E) 85 percent of foreign exchange transactions involved exchanges of foreign currencies for U.S. dollars.

Question 2

In basic terms, the current account is equal to

A) imports plus exports.
B) savings minus consumption.
C) exports minus imports.
D) savings plus exports.