a. 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?
It's not d.
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