Which of the following is true of the net debtor nation? A)It experiences a tra

Which of the following is true of the net debtor nation? A)It experiences a trade surplus for five consecutive
years.
B)It experiences a trade deficit for five consecutive
years.
C)It owes more to the rest of the world than it is
owed.
D)It owes less to the rest of the world than it is
owed.
E)It experiences persistent current account surplus.
An increase in the dollar price of foreign currency
constitutes an appreciation of the U.S. currency.
A)True
B)False Other things equal the currency price of U.S. dollars in terms of foreign currency is negatively related to foreign demand for U.S. goods and
services.
A)True
B)False Tourism requires the actual movement of currency notes while
investment in international bank deposits does not.
A)True
B)False