Question:
A country decides to allow its foreign exchange rate to float freely. Which item in the country's balance of payments accounts will become zero?
changes in official reserve of foreign currency | |
net investment overseas by domistic residents | |
the visible trade balance | |
the current account balance | |
changes in official reserve of foreign currency |
Answer:
changes in official reserve of foreign currency
Last Updated:
08/11/2021 - 09:25