The official settlements account of a country measures
A) the receipts from goods and services bought and sold and transfers to and from foreigners.
B) borrowing and lending between the country's residents and foreigners.
C) the net increase or decrease in the country's official reserves.
D) net transfer payments between the country's citizens and foreigners.

Question

Quizplus · Accepted Answer

The official settlements account of a country primarily measures the net increase or decrease in the country's official reserves, reflecting its balance of payments transactions.

The Official Settlements Account of a Country Measures