Economics 0455 · IGCSE · Current account of balance of payments

Current account of balance of payments — practice question

It is estimated that the 2016 Olympic Games in Rio, Brazil drew more than $600\,000$ overseas visitors. What outcome was this number of visitors likely to produce?

  • Aa depreciation of Brazil’s currency
  • Ba fall in Brazil’s rate of inflation
  • Can increase in the Brazilian government’s budget deficit
  • Da reduction in Brazil’s deficit on the current account of its balance of payments

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