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Which of the Following Statements About the Balance of Payments

Question 335

Multiple Choice

Which of the following statements about the balance of payments accounts is correct?


A) The official settlements account is typically larger than both the capital and current accounts.
B) The current account must be greater than the capital account.
C) Typically the capital account is near zero because it equals the difference between the current account and the official settlements account.
D) The sum of all three accounts is always zero.

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