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In Order for the Balance of Payments to Balance,the

Question 32

Multiple Choice

In order for the balance of payments to balance,the:


A) current account balance must equal the capital account balance.
B) sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must have a negative value.
C) sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must have a positive value.
D) sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must equal zero.
E) the sum of the current account balance,the capital account balance,and the net flow of international reserves must be greater than the statistical discrepancy.

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