The approach argues that equilibrium exchange rates are achieved when the net inflow of foreign exchange arising from current account activities is equal to the net outflow of foreign exchange arising from financial account activities.

a) balance of payments
b) monetary
c) asset market
d) law of one price

Mark the four statements that are true. 1. the democrats blamed the republicans for the stock market crash of 1929. 2. the democrats won the presidency in the 1990's but lost control of the congress. 3. the democratic party is the oldest political party in the united states. 4. the anti-federalists were one of the first two american political parties; they wanted a strong central government. 5. the "era of good feelings" was a period from 1816-1824 where there was only one political party: the democrat-republicans.