The Plus Items Below Are "Export-Type" Entries and the Minus

question 47

Multiple Choice

The plus items below are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. $\begin{array}{c}\begin{array}{lll} \text { 1) Goods Exports}\\ \text { 2) Balance on Capital Account}\\ \text { 3) Net Transfers}\\ \text { 4) Imports of Services}\\ \text { 5) Net Investment Income}\\ \text { 6) US Purchases of Assets Abroad}\\ \text { 7) Goods Imports}\\ \text { 8) Foreign Purchases of Assets in the US}\\ \text { 9) Export of Services} \end{array}\begin{array}{r}+\$ 200 \\0 \\0 \\-100 \\0 \\-50 \\-250 \\+150 \\+50 \end{array}\end{array}$
Refer to the given information.On the basis of its balance of payments position,and other things equal,we can expect the international value of Zippo's currency to:

• A) increase.
• B) decrease.
• C) remain constant.
• D) gyrate up and down.