If a country's current account balance is zero and the financial payments flowing in and out of the country's economy are equal, then which of the following must be a true statement?
a. It has an overall or net inflow of financial investment.
b. It is not an overall or a net investor in other countries.
c. It has an overall or net outflow of financial investment.
d. Its government is not indebted to other governments.
b. It is not an overall or a net investor in other countries.
Economics
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Regressive income taxes are
A) an important form of income redistribution. B) present when the average tax rate decreases as income decreases. C) present when the average tax rate decreases as income increases. D) Both answers A and B are correct.
Economics
If all my savings are invested in my consulting company, an increase in interest rates increases my implicit costs
Indicate whether the statement is true or false
Economics