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POS 486 Quiz Questions with Answers (100% Correct
Answers)
The current account includes
a) direct investment assets.
b) monetary reserves.
c) investment liabilities.
d) exports and imports. Answer: d) exports and imports.
Since the 1970s, in regard to the current account, the United States has
generally had
a) a deficit
b) a surplus
c) a balance
d) volatility Answer: a) a deficit
3) The financial account includes
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a) the capital account.
b) secondary income.
c) portfolio investment.
d) services trade. Answer: c) portfolio investment.
4) Orthodox liberals advise governments to deal with balance of
payments deficits with
a) tariffs.
b) monetary policy.
c) currency devaluation.
d) financing. Answer: b) monetary policy.
5) When a state lowers the official value of its currency, it is engaging in
a) depreciation.
b) appreciation.
c) revaluation.
© 2025 All rights reserved
POS 486 Quiz Questions with Answers (100% Correct
Answers)
The current account includes
a) direct investment assets.
b) monetary reserves.
c) investment liabilities.
d) exports and imports. Answer: d) exports and imports.
Since the 1970s, in regard to the current account, the United States has
generally had
a) a deficit
b) a surplus
c) a balance
d) volatility Answer: a) a deficit
3) The financial account includes
© 2025 All rights reserved
, 2
a) the capital account.
b) secondary income.
c) portfolio investment.
d) services trade. Answer: c) portfolio investment.
4) Orthodox liberals advise governments to deal with balance of
payments deficits with
a) tariffs.
b) monetary policy.
c) currency devaluation.
d) financing. Answer: b) monetary policy.
5) When a state lowers the official value of its currency, it is engaging in
a) depreciation.
b) appreciation.
c) revaluation.
© 2025 All rights reserved
