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Which of the following is true of a country that is running a deficit on a balance-of-payments current account?

   

It is importing more goods and services than it is exporting.
   

It will result in a steady appreciation of the country's currency.
   

It will lead to very low-interest rates in the country.
   

It will lead to a shortage of the country's currency in the foreign exchange market.

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Darryn D'Souza
Darryn D'SouzaLv10
28 Sep 2019
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(B.) What is the benefit of the foreign currency exchange market to the U.S. company?

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producers in the country that is importing the good.

B.

producers in the country that is exporting the good.

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all producers of the good in both the importing and the exporting country.

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be balanced with capital inflows from foreign countries.

D.

buy bonds from foreign countries to balance the account.

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