If a nation has a surplus in its current account, 1. it exports fewer goods than it imports2. it exports more goods than it imports3. the value of its currency should fall4. the value of its currency should rise
A: 1 and 3
B: 1 and 4
C: 2 and 3
D: 2 and 4
A: 1 and 3
B: 1 and 4
C: 2 and 3
D: 2 and 4
举一反三
- If a nation exports more goods than it imports, it has a surplus in the current account.
- A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country
- A country with a current account surplus is earning more from its exports than it spends on imports.
- Over time, a depreciation in the value of a nation’s currency in the foreign exchange market will result in: A: Exports rising and imports falling B: Imports rising and exports falling C: Both imports and exports rising D: Both imports and exports falling
- The impact of the appreciation of a country's currency on its import and export revenue is (). A: exports decrease, imports increase B: exports increase, imports decrease C: exports increase, imports increase D: exports decrease, imports decrease