The balance of payments is:
A) a summary record of a country's economic transactions with the rest of the world.
B) a summary record of a country's purchases and sales of goods and services in the world market.
C) the difference between a country's imports and its exports of goods and services.
D) the total value of merchandise goods bought from the rest of the world.
Correct Answer:
Verified
Q24: Which of the following is a yearly
Q25: A capital surplus occurs when the value
Q26: If foreign reserves are fixed,the balance of
Q27: When the inflow of foreign capital is
Q28: A situation where foreign capital inflow exceeds
Q30: When a country's inflow of foreign capital
Q31: If a country has a trade surplus
Q32: A country's balance of payments is:
A) the
Q33: A capital deficit occurs when the value
Q34: The trade deficit and the _ surplus
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