Question: Which is correct? Select the best answer. Answer Keypad Keyboard Shortcuts Q A decrease in unilateral transfers sent abroad results in an increase of the

Which is correct? Select the best answer. Answer Keypad Keyboard Shortcuts Q A decrease in unilateral transfers sent abroad results in an increase of the merchandise trade balance. An increase in income received by foreign investors on U.S. assets leads to a decrease in the current account balance of the United States. The balance of trade will increase if income from investments and transfers rises, other things being equal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!