Who is affected by externalities? Those receiving external benefits differ from those incurring external costs in that external benefits are associated with

The euro is the common currency of all European countries

a. True b. False Indicate whether the statement is true or false

If Country A's overall balance is equal to -$100 billion (minus $100 billion), then:

a. There is an excess demand for Country A's currency in the foreign exchange market that is being met by the central bank selling enough domestic currency to make up the difference. b. There is an excess supply of Country A's currency in the foreign exchange market that is being met by the central bank buying enough domestic currency to make up the difference. c. Country A's Overall balance cannot -$100 billion. It must equal 0. d. Country A's Current account must equal +$100 billion. e. Country A's Current account minus the capital account must equal +$100 billion