The expression (X-M) denotes
A) The balance of trade
B) The balance of payments
C) The domestic trade
D) None of the above
Correct Answer:
Verified
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
Q10: The category that do not includes in
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
Q16: In the equation B=Rf-Pf, Pf represents
A)Payments made
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