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Asker · 2020年10月19日

问一道题:NO.PZ2016010802000219

问题如下:

A country with a persistent trade surplus is being pressured to let its currency appreciate. Which of the following best describes the adjustment that must occur if currency appreciation is to be effective in reducing the trade surplus?

选项:

A.

Domestic investment must decline relative to saving.

B.

Foreigners must increase investment relative to saving.

C.

Global capital flows must shift toward the domestic market.

解释:

C is correct.

The trade surplus cannot decline unless the capital account deficit also declines. Regardless of the mix of assets bought and sold, foreigners must buy more assets from (or sell fewer assets to) domestic issuers/investors.

考点:The Trade Balance

解析:经常性账户和资本账户是此消彼长的两个账户。

经常账户与资本平衡。经常性账户盈余的消失那么资本账户赤字也必须消失,这就代表外资流入。C选项正确。

依据公式(X-M)=(S-I)+(T-G)。

投资I减小,等式右边变大,左边也会相应变大,经常性账户盈余还会增加,A选项错误。

外国人要增加对于经常性账户赤字出口国的投资才行。外国人只投资自己国家不解决问题,所以B选项错误。

对于公式(X-M)=(S-I)+(T-G)


B 选项我想问下,歪果仁增加关于 saving 的投资,难道不是 I 增加了,等式右边变下了,所以等式左边的 trade surplus 减小了么?


还是说,题目表述的英文,不提 domestic 就一定不是对本国的 I?



1 个答案
已采纳答案

源_品职助教 · 2020年10月20日

嗨,从没放弃的小努力你好:


这个公式每个字母都代表本国的经济变量。

运用该公式解题时候,也是从本国的角度出发。


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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