Wednesday, February 10, 2010

Which of the following statement is false?

a. nation's record of all transactions between its residents and the residents of foreign nations is called the balance of merchandise trade.


b. in the balance of payments accounts of the U.S. every flow of payments into the U.S. has a positive sign and every flow of payments out of the U.S. has a negative sign.


c. it is possible for a nation to have a balance of merchandise trade deficit but have a balance of payments surplus.


d. exchange rate intervention is government buying and selling a currency to affect it price.Which of the following statement is false?
I say its c.Which of the following statement is false?
your questions bothers on economics,i believe the correct answer to your question is the letter choice C.I hope that helps!
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