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valputin valputin
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Posts: 5754
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8 years ago
If the current account balance shows a surplus, and the capital account also shows a surplus, then the official reserve transactions balance
A) must be zero.
B) must be negative.
C) must be positive.
D) can either be positive, negative, or zero.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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