The situation that results when a state buys more from abroad than it sells is known as a(n)
a. devaluation.
b. floating exchange rate.
c. managed exchange rate system.
d. balance-of-trade deficit.
e. inflation.
D
Political Science
You might also like to view...
Political candidates representing major and minor parties must obtain their parties' nomination before they can compete in general elections
Indicate whether the statement is true or false
Political Science
The dominant force in Chinese political life today is
a. capitalism. b. the Chinese Communist Party. c. Kim Jung-il. d. Mao Zedong. e. the National Party Congress.
Political Science