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Can anyone answer the question and explain it thx alot 36. The account that records imports and exports of goods, services, income, and current unilateral
Can anyone answer the question and explain it thx alot
36. The account that records imports and exports of goods, services, income, and current unilateral transfers is known as the a) current account b) capital account c) financial account d) balance-of-payment account 37. In a freely floating exchange rate system, if the capital account is running a deficit a) the balance of payments must run a deficit b) the balance of payments must run a surplus c) the current account must run a deficit d) the current account must run a surplus 38. In a fixed exchange rate system, if the capital account is running a deficit a) the current account must run a deficit b) the current account must run a surplus c) the balance of payments must run a surplus d) the current account can either run a surplus or a deficit is an exchange rate system that is relatively free from central bank and other 39. The government-type interventions. a) managed float b) clean float c) dirty float d) target-zone arrangement is another name for the complete replacement of the local currency with the U.S. 40. dollar. a. Seignorage b. Dollarization c. Depreciation d. AppreciationStep by Step Solution
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