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Question 18 of 30
If the United States imports more than it exports, then this means that
A. the U.S. dollar would be under pressure to appreciate against other currencies.
B. the supply of dollars is likely to exceed the demand in the foreign exchange market,ceteris paribus.
C. all of the above
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D. the demand for dollars is likely to exceed the supply in the foreign exchange market,ceteris paribus.
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backed by foreign Harves
C. (ii) an extreme form of the fixed exchange rate system
D. All of the above
E. (ii) and (iii)
Question 28 of 40
The US. Treasury makes a $500 interest payment to a foreign resident that holds a previously purchased U.S.treasury bill, paying with checks from a U.S. bank. The payment using checks from a US. bank is_entry in the
account.
A. credit, current account
B. dedit; current account
C. dedit; financial account
D. credit financial account
Question 29 of 40
Under the US balance of payment, a
Vietnamese investor buys five $10,000
U.S. Treasury bonds from an U.S.investor. This is represented as
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