Is it a bad idea for a country to run a current account deficit? Why or why
Question:
Is it a bad idea for a country to run a current account deficit? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
Although a current account deficit in itself is neither good ...View the full answer
Answered By
Sandra Dimaala
Sandra from Philippines ,LICENSED PROFESSIONAL TEACHER.
Teachers are our nation builders—the strength of every profession in our country grows out of the knowledge and skills that teachers help to instill in our children. And, as a nation, we must do much, much more to fully appreciate and support their work.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If a country imposes capital controls that result in its financial account balance being zero, would it be possible for the country to run a current account deficit? Briefly explain.
-
Is the budget deficit of a country linked to its current account balance? How so? Explain how it is possible for the United States current account deficit to grow while the budget deficit has...
-
Why is it a bad idea to make adjustments to a process every time the process deviates from the target?
-
ABC Company acquired 60,000 shares of DEF Incorporated's 200,000 ordinary shares on January 2, 2019 for P 4,000,000 when the net assets of DEF Incorporated was P 12,000,000. The excess of acquisition...
-
A band-limited voltage signal is found to have the complex Fourier coefficients presented in the table below. Calculate the average power that the signal would supply a 4- Ω resistor. 0...
-
Makea profit and loss Statement given the following: Employees meal 21,560 . Gas 3.5% Electricity 3% Water 1.1% . Operating expenses 5% Advertising 1.5% Royalty 150,000
-
Ruth Corporation had the following payroll for April: Required Prepare journal entries on April 30 to record: a. Accrual of the monthly payroll. b. Payment of the net payroll. c. Accrual of...
-
Eagle Credit Union (ECU) has experienced a 10% default rate with its commercial loan customers (i.e., 90% of commercial loan customers pay back their loans). ECU has developed a statistical test to...
-
c) K The three-station work cell at Pullman Mfg., Inc. is illustrated in the figure below. It has two machines at station 1 in parallel (ie., the product needs to go through only one of the two...
-
Rhonda, a CPA and a member, has just signed an engagement letter with Beachboy Fashions, Inc. to provide monthly bookkeeping and complied financial for the company beginning in the year 20x5. In...
-
What role did credit market imperfections play in the recent financial crisis?
-
What are the three approaches to measuring GDP?
-
Refer to Exercise 23. Suppose each teacher receives a 5% raise instead of a $1000 raise. What effect will this raise have on each of the following characteristics of the resulting salary...
-
The purchasing power of some customers is such that they can exert pressure on suppliers to go beyond the suppliers' customary allowances. For example, Wal-Mart represents more than 10 percent of...
-
What is Online transaction processing and Online Analytical Processing? How are they different?
-
Vanessa has undertaken a significant exploration program in outback Australia that led to the discovery of a large deposit of silver. Robust geological assessments indicate the ore body comprises no...
-
Suppose 1 needed to graph the equation 30a60b120 with a on the vertical axis and b on the horizontal axis. The vertical intercept of the line would be...?
-
What are NoSQL technologies? Explain with example and reference.
-
Distinguish between total national debt and the amount of national debt held by the public. What is the significance of classifying debt into the two categories?
-
Chapter 9 Stock Valuation at Ragan Engines Input area: Shares owned by each sibling Ragan EPS Dividend to each sibling Ragan ROE Ragan required return Blue Ribband Motors Corp. Bon Voyage Marine,...
-
Suppose that there are shocks total factor productivity which cause aggregate output to fluctuate. What does this imply for the Friedman rule, that is, how should the central bank conduct monetary...
-
How would we modify the Friedman rule in the context of a New Keynesian sticky price model like the one in Chapter, assuming that monetary policy is the only policy that can be used to close output...
-
Consider the following assets: (i) A work of art; (ii) A United States Treasury bill; (iii) A share in Microsoft; (iv) A loan to a close relative; (v) A loan to General Motors. For each asset, answer...
-
The receipt of payment for an account receivable: affects assets and equity affects assets and liabilities affects only the asset side of the accounting equation has no effect on the accounting...
-
Dan got a 1 0 year Fixed Rate Mortgage for $ 1 0 0 , 0 0 0 . The loan has constant annual payments and an annual interest rate of 5 % . There are no closing costs. Suppose Dan prepays the loan in...
-
1) Why could quantum computing be a very important tool in supply chain management (what can it do that traditional computing can't)? 2) Give 1 or 2 examples of some current issues in supply chain...
Study smarter with the SolutionInn App