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Author Question: Which one of the following expressions is the MOST accurate? A) CA = EX - IM B) CA = IM - EX C) ... (Read 39 times)

ENagel

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Which one of the following expressions is the MOST accurate?
 
  A) CA = EX - IM
  B) CA = IM - EX
  C) CA = EX = IM
  D) CA = EX + IM
  E) CA - IM = EX

Question 2

Imperfect asset substitutability assumes
 
  A) the returns on foreign and domestic currency bonds are identical.
  B) the returns on foreign and domestic currency are unrelated.
  C) the risks of holding foreign and domestic currency are identical.
  D) the risks of holding foreign and domestic currency are unrelated to returns.
  E) the returns on foreign and domestic currency differ and are influenced by risk.



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thall411

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Answer to Question 1

A

Answer to Question 2

E




ENagel

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


marict

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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