If we add the balance on long-term capital to the current account we get
A) the official settlements balance.
B) the balance of trade.
C) the liquidity balance.
D) the basic balance.

Question

Quizplus · Accepted Answer

The basic balance is calculated by adding the current account balance to the long-term capital balance, reflecting the fundamental strength of a country's external position.

If We Add the Balance on Long-Term Capital to the Current