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

Author Question: The United States issues a 10,000 debt forgiveness to Argentina. How is this accounted for in the ... (Read 71 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
The United States issues a 10,000 debt forgiveness to Argentina. How is this accounted for in the balance of payments?
 
  A) financial account, U.S. asset import
  B) current account, Argentina transfer payment
  C) current account, U.S. service export
  D) financial account, U.S. asset export
  E) current account, Argentina good import

Question 2

Explain the following figure.
 
  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

peilian

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

D

Answer to Question 2

The figure explains how the money markets of two countries are linked through the foreign exchange market. The monetary policy actions by the Fed affect the U.S. interest rate, changing the dollar/euro exchange rate that clears the foreign exchange market. The European System of Central Banks (ESCB) can affect the exchange rate by changing the European money supply and interest rate.


arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
:D TYSM

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Occupational Prestige: How The United States Compares With Sixty Countries Occupational Prestige: How The United States Compares With Sixty Countries
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
Sumatran Tiger Fewer than 400, Indonesia and Texas Ocelot Fewer than 250, southern United States, ... Sumatran Tiger Fewer than 400, Indonesia and Texas Ocelot Fewer than 250, southern United States, ...
Human Modification: Environmental Issues Human Modification: Environmental Issues
The Location and Number of Farms in the United States, 2012 The Location and Number of Farms in the United States, 2012
Video: Neurosynapse Animation

For a complete list of videos, visit our video library