A balance of payments (BOP) is
A) the difference in exchange rates between two currencies.
B) a register of all trade between two nations.
C) a record of all payments between one nation and the rest of the world.
D) the arbitrage potential caused by difference in real prices of goods in different countries.
E) the account of all payments for goods and services from one nation to another.
Correct Answer:
Verified
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Q112: Capital account deficits are synonymous with
A) balance
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