What shows international transactions

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Reference no: EM131622931

1. What shows international transactions that involve currently produced goods and services?

A. Trade balance

B. Balance of payments

C. Capital Account

D. Current account

2. _________ is when the domestic currency is backed 100% by a foreign currency and in which the note-issuing authority establishes a fixed exchange rate to this foreign currency and stands ready to exchange domestic currency for the foreign currency at this rate whenever the public requests it.

A. Revaluation

B. Currency board

C. Dollarization

D. Devaluation

Reference no: EM131622931

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