The balance of payments always balances, because each of the specific accounts must, by definition, be in balance.
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Q13: A nation has an unfavorable balance of
Q14: The merchandise trade balance measures
A)the value of
Q15: In 2011, the United States balance of
Q16: The balance of payments summarizes the transactions
Q17: The trade balance is
A)the services balance plus
Q19: The merchandise trade balance
A)reflects trade in intangibles
Q20: The merchandise trade balance does not include
A)exports
Q21: Net unilateral transfers in the United States
Q22: When an American buys a Swedish financial
Q23: If a country runs a deficit in
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