In the balance of payments, a deficit item is any transaction
A) that leads to a receipt by a resident of a country or its government.
B) that leads to a payment by a resident of a country or its government.
C) that is an export of a good or service.
D) that makes residents of a country worse off.
Correct Answer:
Verified
Q41: An accounting identity
A) ensures that all balances
Q42: In the balance of payments, all of
Q43: An accounting identity is
A) when the balance
Q44: Any transaction that leads to a payment
Q45: In international trade, all payments and gifts
Q47: Which of the following is included in
Q48: Which of the following is NOT a
Q49: The current account is
A) the reserve assets
Q50: A surplus item is
A) the import of
Q51: To know whether a particular situation for
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