The category that do not includes in the balance of payments account is/are
A) The current account
B) The capital account
C) The official settlements account
D) The savings account
Correct Answer:
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Q5: Devaluation encourage
A)Exports
B)Imports
C)Both exports and imports
D)None of the
Q6: A systematic record of receipts and payments
Q7: The most important items in the current
Q8: Lending to foreign countries represents
A)Capital inflows
B)Capital outflows
C)Services
Q9: Payment to foreign country is a
A)Credit transaction
B)Debit
Q11: The expression (X-M) denotes
A)The balance of trade
B)The
Q12: If the difference between exports and imports
Q13: The current account BOP deficit will be
Q14: In the equation Y=C+I+G+(X-M), G denotes
A)General expenditure
B)Government
Q15: If export is less than import, there
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