The overall balance shows what happens to the _______ and a (+) sign implies _________ in reserves and a(-) sign implies____________ a)capital account / a decline / an increase. b)capital account / an increase / a decline. c)current account / a decline / an increase. d)international reserves / an increase / a decline. e)international reserves / a decline / an increase

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter19: International Finance And The Foreign Exchange Market
Section: Chapter Questions
Problem 15CQ
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The overall balance shows what happens to the _______ and a (+) sign implies _________ in reserves and a(-) sign implies____________

a)capital account / a decline / an increase.

b)capital account / an increase / a decline.

c)current account / a decline / an increase.

d)international reserves / an increase / a decline.

e)international reserves / a decline / an increase.

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