Econ 2006 Ch. 19 Exam Questions with 100% Correct Answers

Econ 2006 Ch. 19 Exam Questions with 100% Correct Answers current account- rest of the world to spain - an Italian buys a hotel room for a vacation in Spain -interest on a Spanish bank's loan to Greek company current account-spain to rest of the world - -profits of a US company operating in spain -Spanish company buys Iranian oil financial account-spain to rest of the world - -spanish central bank buys more foreign exchange reserves -spanish company buys Irish IT company financial account-rest of the world to spain - a german purchase of spanish mining company stock in offshore outsourcing of labor increases, it will cause an existing trade deficit to - increase because of an increase in net imports of services the balance of payments on the financial account are transactions that comprise the buying or selling of __, that create __ - assets