________ indicates whether a country is a net borrower from or ...

[wenmo]

________ indicates whether a country is a net borrower from or lender to the rest of the world.
 
  A) The basic balance
  B) The liquidity balance
  C) The capital account
  D) The current account

Question 2

MacDougall compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the
 
  A) classical theory.
  B) the Heckscher-Ohlin theory.
  C) the Linder hypothesis.
  D) All of the above.

[dajones82]

Answer to Question 1

D

Answer to Question 2

A

[wenmo]

Thank you

[dajones82]

No problemo