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johnpaul92 johnpaul92
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Posts: 2600
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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 Italian current account balance ________, and the Italian capital and financial account balance ________.
A) is unchanged; is unchanged
B) is unchanged; rises
C) rises; is unchanged
D) rises; rises
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 186 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
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8 years ago
Appreciate your help, thank you again
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8 years ago
Every little bit helps, right? Glad I solved your question
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