TRUE/FALSE.18) The effect of an imbalance in the BOP is the same for countries on a fixed exchange rate regime as for those on afloating exchange rate regime.19) A positive current account balance (surplus) contributes directly to increasingthe measure of GDP.20) The beauty of the J-curve adjustment path for trade balance adjustments is that the process is very quick, typicallytaking only a month or so to complete.21) China's "double surplus" in the current account and the financial account is typical for large economies in themodern era