Solved

In Order for the Balance of Payments to Balance

Question 47

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents