A USPurchase of Oil from Overseas Paid for with Foreign Currency

question 17

Multiple Choice

A U.S.purchase of oil from overseas paid for with foreign currency it already owned

• A)increases U.S.net exports,and increases U.S.net capital outflow.
• B)increases U.S.net exports,and decreases U.S.net capital outflow.
• C)decreases U.S.net exports,and increases U.S.net capital outflow.
• D)decreases U.S.net exports,and decreases U.S.net capital outflow.

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