If Americans decide to buy more goods from India, and the Indian producers use all of the money to buy American goods, the U.S.: current account deficit and capital account surplus have both decreased. current account deficit and capital account surplus have both increased. current account deficit has decreased and the U.S. capital account surplus has increased. current and capital accounts have not changed.
If Americans decide to buy more goods from India, and the Indian producers use all of the money to buy American goods, the U.S.: current account deficit and capital account surplus have both decreased. current account deficit and capital account surplus have both increased. current account deficit has decreased and the U.S. capital account surplus has increased. current and capital accounts have not changed.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter15: International Trade And Finance
Section: Chapter Questions
Problem 12SQ
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Transcribed Image Text:If Americans decide to buy more goods from India, and the Indian producers use all of the money to buy
American goods, the U.S.:
current account deficit and capital account surplus have both decreased.
current account deficit and capital account surplus have both increased.
current account deficit has decreased and the U.S. capital account surplus has increased.
current and capital accounts have not changed.
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