In the automatic adjustment mechanism of balance of payments under a fixed exchange rate regime,()can affect both the current account as well as the capital and financial accounts simultaneously
A. interest rate adjustment mechanism
B. cash balance adjustment mechanism
C. currency price mechanism
D. price – coinage flow mechanism
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Residents and nonresidents are distinguished by()
A. nation
B. residence
C. predominant economic interest center
D. law
When a country(), it is very likely for the country’s current account to be in deficit
A. has too many private savings
B. has too many private investment
C. has too many government taxes
D. has too many government expenditures
Chinese residents travel to the United States, it’s()for china
A. Tourism services output
B. Tourism services input
C. Transport services output
D. Transport services input
()is extremely important for an economy with a fixed exchange rate
A. reserve account balance
B. current account balance
C. capital account balance
D. financial account balance