In a nation's balance of payments, which one of the following items is always recorded as a positive entry?
A) Changes in foreign currency reserves
B) Imports of goods and services
C) Military foreign aid supplied to allied nations
D) Purchases by foreign travelers visiting the country
Correct Answer:
Verified
Q12: A credit item in the balance of
Q13: The financial account in the U.S. balance
Q14: In September 2005, exports of goods from
Q15: A debit item in the balance of
Q16: A deficit in the current account:
A)is accompanied
Q18: When a foreign resident increases her holdings
Q19: A country's balance of payments records:
A)the prices
Q20: The sum of all of the debit
Q21: If the overall balance in the balance
Q22: If the balance of payments accounts of
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