A Freely-Floating Exchange Rate System, the Sale of Japanese Cars

question 10

Multiple Choice

a freely-floating exchange rate system, the sale of Japanese cars to the United States will be offset by which item on the US balance of payments?

• A) a credit on the net liquidity balance
• B) a debit on the capital account
• C) a debit on the trade account
• D) a credit on the current account

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Definitions:

Chemically Equivalent

Describes atoms or groups in a molecule that are identical in their chemical environment, often resulting in indistinguishable spectroscopic signals.

Diastereotopic

Describes hydrogen atoms (or groups) in a molecule that are not equivalent in the three-dimensional space, causing different chemical shifts in NMR spectroscopy.

Enantiotopic

Refers to two groups or atoms in a molecule that are mirror images of each other but are not superimposable, commonly used in stereochemistry.

Internal Reference

A benchmark or standard within an experiment or measurement against which other data or results are compared or calibrated.