The Current Account DOES NOT include: a. Portfolio Investment b. Net income investments in other countries c. Payments in connection with foreign trade. d. Interest on loans to other countries.
The Current Account DOES NOT include: a. Portfolio Investment b. Net income investments in other countries c. Payments in connection with foreign trade. d. Interest on loans to other countries.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 6SCQ: The GDP for the United States is 18,036 billion and its current account balance is 484 billion. What...
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Question
The Current Account DOES NOT include:
a.
Portfolio Investment
b.
Net income investments in other countries
c.
Payments in connection with foreign trade.
d.
Interest on loans to other countries.
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