When an Australian company makes a $200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the
A) international help account.
B) capital and financial account.
C) official settlements account.
D) current account.
E) one-way donations account.
Correct Answer:
Verified
Q15: The value of imports and exports is
Q16: Q17: The capital and financial account is the Q18: If the current account balance is negative, Q19: Which of the following is a balance Q21: A nation that currently has a surplus Q22: A country has imports of goods and Q23: A country reports exports minus imports of Q24: When a currency depreciates, its value has Q25: When a currency decreases in value relative![]()
A)
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