The United States issues a $10,000 debt forgiveness to Argentina. How is this accounted for in the balance of payments?
A) financial account, U.S. asset import
B) current account, Argentina transfer payment
C) current account, U.S. service export
D) capital account, U.S. transfer payment
E) current account, Argentina good import
Correct Answer:
Verified
Q36: A closed economy
A) can save either by
Q37: In an open economy, private saving, ,
Q38: Which of the following is TRUE?
A) A
Q39: A country's current account
A) balance equals the
Q40: Government savings, , is equal to
Q42: Fill in the following table.
Q43: Fill in the following table.
Q44: Assume in a closed economy:
C = 50
Q45: The German government carries out an official
Q46: What can one learn from the following
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