If the current account balance is -$100 billion, net interest = $0, net transfers = $0, then A. the country is loaning abroad. B. imports are greater than exports. C. the capital account balance must be +$100 billion. D. exports are greater than imports. E. there was an increase in net foreign assets.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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If the current account balance is $100 billion, net interest = $0, net transfers = $0, then
-
A. the country is loaning abroad.
B. imports are greater than exports.
C. the capital account balance must be +$100 billion.
D. exports are greater than imports.
E. there was an increase in net foreign assets.
Transcribed Image Text:If the current account balance is $100 billion, net interest = $0, net transfers = $0, then - A. the country is loaning abroad. B. imports are greater than exports. C. the capital account balance must be +$100 billion. D. exports are greater than imports. E. there was an increase in net foreign assets.
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