A current account surplus implies that A) the country is a net ...

[TFauchery]

A current account surplus implies that
 
  A) the country is a net lender with the rest of the world.
  B) the country is running a net capital account surplus.
  C) foreign investment in domestic securities is at very low levels.
  D) All of the above.

Question 2

Which of the following is not a necessary condition for a flat BP curve?
 
  A) perfect capital mobility
  B) perfect asset substitutability
  C) fixed exchange rates
  D) floating exchanges rates
  E) Both C and D

[reversalruiz]

Answer to Question 1

A

Answer to Question 2

E

[TFauchery]

Excellent

[gcook]

TYSM