In a nation's balance of payments, which one of the following items is always recorded as a positive entry?
A)merchandise imports
B)changes in foreign currency reserves
C)capital outflows
D)exports of services

Question

Quizplus · Accepted Answer

Exports of services are always recorded as positive entries because they represent earnings from foreign countries. Merchandise imports, changes in foreign currency reserves, and capital outflows can all be either positive or negative entries depending on the circumstances.

In a Nation's Balance of Payments, Which One of the Following