If a country has a current account surplus, it also has
A) a financial account surplus.
B) an increase in its official reserve assets.
C) a balance of payments deficit.
D) an increase in its holding of net foreign assets.
D
Economics
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If a country produces only two goods, then it is not possible to have a comparative advantage in the production of both those goods
Indicate whether the statement is true or false
Economics
Suppose a Canadian investor buys a one-year U.S. government bond that pays 7 percent interest. If the U.S. dollar appreciates 4 percent against the Canadian dollar during the year, what must be the yield on a comparable Canadian government bond for interest rate parity to hold?
a. 3 percent b. 4 percent c. 7 percent d. 10 percent e. 11 percent
Economics