In order for the balance of payments to balance,
A) the current account balance must equal the capital account balance
B) international reserves must flow out of the country
C) international reserves must flow into the country
D) the current account balance plus the capital account balance plus the net flow of international reserves plus the statistical discrepancy must equal zero
E) the current account balance plus the capital account balance plus the net flow of international reserves must be greater than the statistical discrepancy
Correct Answer:
Verified
Q42: The current account shows international transactions in
Q43: When is a balance of payments account
Q44: Since 1983, the US has typically run
Q45: The statistical discrepancy in the balance of
Q46: Which of the following is true of
Q48: A net importer of assets must have
Q49: The United States is a net importer
Q50: Between 1917 and 1982, the US ran
Q51: The statistical discrepancy
A)is always positive
B)is always negative
C)must
Q52: International reserves are
A)foreign exchange held by governments
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