WHICH OF THE FOLLOWING MUST BE TRUE UNDER THE FLEXIBLE EXCHANGE RATE REGIME:

Select one:

a. EXPORT = IMPORT

b. A CURRENT ACCOUNT SURPLUS (OR DEFICIT) MUST BE MATCHED BY A CAPITAL ACCOUNT DEFICIT( OR SURPLUS)

c. BRA = BKA

d. A CURRENT ACCOUNT DEFICIT (OR SURPLUS) MUST BE MATCHED BY A CAPITAL ACCOUNT DEFICIT (OR SURPLUS).