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johnpaul92 johnpaul92
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8 years ago
If a French company exports $2 million of machinery to Italy and French tourists spend $2 million at Italian beaches, the French merchandise trade balance ________, and the French capital and financial account balance ________.
A) is unchanged; rises
B) is unchanged; is unchanged
C) rises; is unchanged
D) rises; rises
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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