What influences the value of a nation’s currency is
A. the reserve of its natural resources.
B. the state of its trade.
C. the reserve of its currency.
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Invisible trade deals with
A. movement of currency.
B. foreign investment.
C. the import and export of commodities.
During the 1990’s Britain experienced a long crisis in
A. balance of payments.
B. crude oil.
C. raw materials.
An example of invisible exports to Britain is
A. investments in French industry.
B. fares paid by Britain tourists to America.
C. profits from investments in German industry.
In the Western world, currencies are particularly valued against
A. the price of gold.
B. the US dollar.
C. the British pound.
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