Which of the following statements is INCORRECT?
A) A change in U.S. official reserves is recorded in the official settlements account.
B) Foreign investment in the United States and U.S. investment abroad are recorded in the capital and financial account.
C) Net interest income is recorded in the official settlements account.
D) Payments for imports and receipts from exports are recorded in the current account.
Correct Answer:
Verified
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Q277: The official settlements account records the change
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