NO.PZ2016010802000217
问题如下:
A country with a trade deficit will most likely:
选项:
A.have an offsetting capital account surplus.
B.save enough to fund its investment spending.
C.buy assets from foreigners to fund the imbalance.
解释:
A is correct.
A trade deficit must be exactly matched by an offsetting capital account surplus to fund the deficit. A capital account surplus reflects borrowing from foreigners (an increase in domestic liabilities) and/or selling assets to foreigners (a decrease in domestic assets). A capital account surplus is often referred to as a "capital inflow" because the net effect is foreign investment in the domestic economy.
考点:The Trade Balance
解析:当一个国家出现贸易逆差时,就表明该国进口了更多的商品,出口了较少的商品。
资本账户和经常性账户具有此消彼长的关系。经常性账户出现赤字,那么资本账户就会出现盈余,所以A选项正确。
X-M=S-I+(T-G)
根据题意,X-M减少可以产生,S-I减少。这表明国内储蓄的钱不够,需要国外资金支援建设,所以B选项错误。
C选项也说反了,应该是外国人买国内资产以维持平衡,而不是国人买外国资产维持平衡。
按照X-M=S-I+(T-G)这个公式,如果有trade deficit,那代表 X-M是 小于0 的。 要改善这个情况,增加S难道不是方法之一吗?
(选A是正确的原因我知道,请解释一下我的上述想法错在哪里)