The U.S. dollar has maintained or increased its value over the past 20 years, despite running a gradually increasing current account deficit. Why has this phenomenon occurred?
Answer to relevant QuestionsIdentify the correct BOP account for each of the following transactions. a. A German-based pension fund buys U.S. government 30-year bonds for its investment portfolio. b. Scandinavian Airlines System (SAS) buys jet fuel at ...What is the difference between a direct foreign investment and a portfolio foreign investment? Give an example of each. Which type of investment is a multinational industrial company more likely to make? Technically, what is a sovereign default? Define the following terms: • Foreign exchange market • Foreign exchange transaction • Foreign exchange With reference to interbank quotations, what is the difference between American terms and European terms?
Post your question