If net exports are equal to net foreign investment
A) the current account balance is equal to the negative of the financial account balance.
B) the balance of payments is zero.
C) net capital inflows are equal to imports minus exports.
D) All of the above are true when net exports are equal to net foreign investment.
D
Economics
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Government stabilization policy would be unnecessary if the economy automatically gravitated toward
a. full inflation. b. full employment. c. full recession. d. an inflationary gap.
Economics
One likely result of a price ceiling is that:
A. a surplus of product would result. B. the price charged in the market would be above the equilibrium price. C. the price charged in the market would be the equilibrium price. D. the available product must be rationed.
Economics