题目内容

Expenditures by U.S. tourists in foreign countries for foreign goods or services are recorded as a credit transaction in the current account of the U.S. BOP.

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The BOP must be in balance but the current account need not be.

Under the terms of Bretton Woods,countries tried to maintain the value of their currencies to a basket of currencies made up of the U.S. dollar, British pound, and Japanese yen.

Typically, a firm in its domestic stage of globalization has all financial transactions in its domestic currency.

Comparative advantage shifts over time as less developed countries become more developed and realize their latent opportunities (潜在机会).

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