More Important Than the Absolute Size of a Country's Balance-Of-Payments

question 4

Multiple Choice

More important than the absolute size of a country's balance-of-payments disequilibrium

• A)is the nature and cause of the disequilibrium.
• B)is whether it is a trade surplus or deficit.
• C)is whether the local government is mercantilist or not.
• D)Nothing is more important than the absolute size of a country's balance-of-payments disequilibrium.