If the difference between exports and imports is zero
A) Balance of trade balances
B) Balance of payments balances
C) Capital account equals current account
D) None of the above
Correct Answer:
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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
Q11: The expression (X-M) denotes
A)The balance of trade
B)The
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
Q17: The difference between exports and imports of
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