The balance of payments equals
A) the sum of the current account and the financial account.
B) the current account minus net unilateral transfers.
C) net investment income from abroad.
D) the net increase in a country's official reserve assets.
Correct Answer:
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Q9: If France has a trade deficit,then
A)imports into
Q10: A country has a current account surplus
Q11: If a French company exports $2 million
Q12: Which of the following would be part
Q13: The current account balance consists of
A)the trade
Q15: If the United States sells computers to
Q16: If the United States donates footballs to
Q17: If a French company exports $2 million
Q18: Net exports of goods are known as
A)the
Q19: If a U.S.firm buys tulips from a
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