Question: Question 8 A merchandise trade surplus indicates a net inflow of U.S. dollars as the result of: Not yet answered Select one: a. Importing more

Question 8 A merchandise trade surplus indicates a net inflow of U.S. dollars as the result of: Not yet answered Select one: a. Importing more foreign goods than the U.S. exports to other countries Points out of 1.0 b. Long-term foreign investment in the U.S. being less than the U.S. invests abroad P Flag question C. Exporting more foreign goods than the U.S. imports from other countries d. Too few charitable contributions made by foreigners to U.S. citizens Question 9 Which of the following is true concerning the dealer's bid/ask quote in the foreign exchange (FX) market? Not yet answered Select one: The ask rate is the rate at which the dealer will buy the currency Points out of 1.0 a. b. The bid rate is the rate at which the dealer will sell the currency P Flag question C. The ask rate is the rate at which the dealer will sell the currency d. The bid rate will always be higher than the ask rate
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
