Balance of Payments Accounts
AP Macroeconomics · Flashcards · Application
AP MACROECONOMICS · FLASHCARDS
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QUESTION
What is the effect of a currency depreciation on the trade balance?
QUESTION
What is the impact of foreign investment outflow on BOP?
QUESTION
What happens to the BOP when a country exports more than it imports?
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ANSWER
It results in a Current Account surplus. Export surplus creates positive current account balance.
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