Question: In a pure free float exchange rate system, if a country has a current account surplus of $100M then Select one: a. It will have

 In a pure free float exchange rate system, if a country

In a pure free float exchange rate system, if a country has a current account surplus of $100M then Select one: a. It will have invested about $100M less internationally than foreigners invested in it b. The Central Bank must decrease it's FX reserves c. It will have invested about $100M more internationally than foreigners invested in it d. The Central Bank must increase it's FX reserves

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