If the balance on the current account is -$8.42 billion and the balance on the financial account is $7.53 billion,what is the balance on the capital account,assuming no statistical discrepancy?
A) $15.95 billion
B) $0 billion
C) -$0.89 billion
D) $0.89 billion
Correct Answer:
Verified
Q4: The 'balance of payments' is a:
A)measure of
Q8: The 'current account' includes records of a
Q11: The current account balance equals:
A)exports of goods
Q16: If an Australian company sells insurance to
Q24: Which of the following is not included
Q28: In recent decades, Australia has incurred overall
Q31: If foreign holdings of Australian dollars decrease,
Q33: A current account deficit must be exactly
Q67: Net foreign investment is a measure of
Q79: What is the difference between net exports
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents