The balance on current account includes which of the following:exports minus imports of goods and servicesincome receipts on US assets abroad minus income payment on foreign assets...
A.The less extensive are cross-border trade and factor movements, the greater is the gain from a fixed cross-border exchangeB.The more extensive are cross-border trade and factor m...
Answer: For a fixed real money supply, an increase in output leads to an increase in the domestic interest rate. In the foreign exchange market, an increase in the domestic interes...
A.If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in a foreign central bank’s claims on the home country impli...