The United States dollar has NOT been officially convertible to gold by international traders since

An export subsidy will cause the terms of trade of the ________ country to ________ and will ________ the country

A) exporting; suffer; harm B) exporting; improve; benefit C) importing; suffer; harm D) importing; suffer; benefit E) importing; improve; harm

In a country like Saudi Arabia, which earns substantial income from holding the stocks and bonds of other countries, we would expect

A) GNP to be larger than GDP. B) a current account deficit. C) a current account surplus larger than GNP. D) a current account surplus larger than GDP. E) GDP to be larger than GNP.