In: Economics
1-Due to improving political situation in Turkey, foreigners begin investing more on Turkish stocks and assets. This trend will decrease the financial account balance (less positive if positive or more negative if negative initially).
True
False
2-Foreign purchase of US denominated assets is better than US purchase of foreign currency denominated assets if the country is in financial account deficit.
True
False
3-Credit item in BoP is measured with negative sign.
True
False