This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The German government carries out an official foreign exchange intervention in which it uses dollars ... (Read 117 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 30, 2018
The German government carries out an official foreign exchange intervention in which it uses dollars held in an American bank to buy French currency from its citizens. How is this accounted for in the balance of payments?
 
  A) current account, French good export
  B) current account, German good import
  C) financial account, French asset export
  D) financial account, German asset export
  E) financial account, German asset import

Question 2

Refer to above figure. In the absence of trade, what is the country's consumer surplus?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BAOCHAU2803

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

180


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jun 30, 2018
:D TYSM

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Dynamics of Capillary Exchange Dynamics of Capillary Exchange
An endoscopic view of the colon of someone who carries the normal alleles for the APC gene An endoscopic view of the colon of someone who carries the normal alleles for the APC gene
Sand Dollars. Sand Dollars.
Gas Exchange during Respiration Gas Exchange during Respiration
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library