A nation's balance of payments can be affected by
A. the country's inflation rate relative to other nations' inflation rates.
B. per capita GDP relative to other nations' per capita GDP.
C. the country's population increases relative to other nations' populations.
D. none of these.
Answer: A
Economics
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A) age. B) marginal productivity. C) moral hazard. D) discrimination.
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If there is bilateral currency trade between Japan and the U.S., then as the supply of U.S. dollars on the world foreign exchange market ________, the price of a dollar in terms of Japanese yen will ________
a. increases, fall b. decreases, fall c. increases, increases d. decreases, stays the same
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