Interest received from U.S. holdings of foreign assets and interest paid to foreigners for U.S. investment assets is recorded in the

A) official dollar account.
B) current account.
C) official settlements account.
D) capital and financial account.
E) official reserves account.

B

Economics

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During the Great Depression in the 1930s, the average tariff level in the United States peaked at about

A) zero. B) 6 percent. C) 20 percent. D) 100 percent.

Economics

Which of the following contributes to a current account surplus for a country?

A) having tourists visit the country B) importing textiles C) having foreigners buy government securities from the country's government D) importing financial services

Economics