If country sells foreign assets and repatriates the proceeds its financial account will have ...

80.2K

Verified Solution

Question

Finance

If country sells foreign assets and repatriates the proceeds its financial account will have

A debit entry (negative)

A credit entry (positive)

The International Investment Position of a country is likely to deteriorate (deficits get bigger or surpluses get smaller) if the countrys currency:

appreciated.

depreciated.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students