If the U.S. faces a balance-of-payments deficit on the current account, it must run a surplus on:

Related MCQs

• Reducing a current account deficit requires a country to:
• The burden of a current account deficit would be the least if a nation uses what it borrows to finance:
• Reducing a current account surplus requires a country to:
• If Canada runs a current account surplus and exchange rates are floating:
• If there is an increase in the trade deficit, there must be
• An Exchange rate is said to __________ when its short-run response to a change in market Fundamentals is greater than its long-run response. a
• The U.S. has a balance of trade deficit when its:
• Rich countries have deficit in their balance of payments:
• If there were a balance of payments deficit then in a floating exchange rate system:
• The imposition of a domestic content requirement by the United States would cause consumer surplus for Americans to: