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Author Question: If Country A's central bank wanted to increase the value of its currency, its reserves account in ... (Read 78 times)

michelleunicorn

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If Country A's central bank wanted to increase the value of its currency, its reserves account in the balance of payments would:
 a. Become more negative.
  b. Become more positive.
  c. Not change.
  d. Change only if there were no offsetting changes in the net errors and omissions account.

Question 2

Which of the following is a major reason for offshoring?
 a. The gradual diminishing of global technological advances.
  b. Increased global demand for services.
  c. Reductions in international trade barriers.
  d. All of the above are major reasons for offshoring.



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Jevvish

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Answer to Question 1

.A

Answer to Question 2

.C





 

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