The quality of the reported balance of payments data has deteriorated because:
A) international trade has become complex
B) international investment has become more diversified
C) the level of financial disclosure is inadequate
D) capital account statistical systems have failed to keep pace with important developments in international capital markets

Question

Quizplus · Accepted Answer

The deterioration in the quality of balance of payments data is primarily due to capital account statistical systems not keeping pace with developments in international capital markets, leading to inaccuracies and incomplete data reporting.

The Quality of the Reported Balance of Payments Data Has