The balance of payment current accountvisible balance section carried imports ofgoods of $10,000.00 and exports of goodof $9,500.00. What is the balance of trade?O a $19,500.00O b. - $500.00OC.-$19,500.00O d. + $500.00 All of the following instruments are usedby the central bank to control the flow ofmoney in an economy except:O a.Cost of Insurance paid to continuebusinessReserve Requirement RatioGovernment's buying and selling ofTreasury BillsOpen Market OperationsO b.O C.O d.

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The balance of payment current account visible balance section carried imports of goods of $10,000.00 and exports of good of $9,500.00. What is the balance of trade? Oa+$19,500.00 O b.-$500.00 OC. $19,500.00 O d. + $500.00

The balance of payment current account visible balance section carried imports of goods of $10,000.00 and exports of good of $9,500.00. What is the balance of trade? Oa+$19,500.00 O b.-$500.00 OC. $19,500.00 O d. + $500.00

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter29: Exchange Rates And International Capital Flows

Section: Chapter Questions

Problem 14RQ: What does it mean to say that a currency appreciates? Depreciates? Becomes stronger? Becomes weaker?

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Question

The balance of payment current account
visible balance section carried imports of
goods of $10,000.00 and exports of good
of $9,500.00. What is the balance of trade?
O a $19,500.00
O b. - $500.00
OC.-$19,500.00
O d. + $500.00

All of the following instruments are used
by the central bank to control the flow of
money in an economy except:
O a.
Cost of Insurance paid to continue
business
Reserve Requirement Ratio
Government's buying and selling of
Treasury Bills
Open Market Operations
O b.
O C.
O d.

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