Which of the following is the only way to support a current account de

QUESTION

Which of the following is the only way to support a current account deficit in the long run?

A. Borrowing from the IMF

B. Selling assets to foreigners

C. Divesting stock in domestic corporations

D. Purchasing stocks, bonds, and real estate in other countries

E. Issuing negotiable instruments like the bills of exchange

 

ANSWER

B

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