Question: Question 6 1 . 3 3 pts How would you best describe the fundamental consequence of the situation when a country has more foreign currency
Question
pts
How would you best describe the fundamental consequence of the situation when a country has more foreign currency inflows than outflows? Select one the most appropriate answer.
A country can afford to import more.
A country increases its official reserves.
Its balance of payments is not in equilibrium and must be adjusted.
Its balance of payments is not in equilibrium and additional offsetting debits must be added.
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