The official settlements account measures the
A)value of Canadian merchandise purchased by foreigners.
B)net value of foreign goods officially purchased by Canada.
C)net value of Canadian official exports of services.
D)change in the government's holdings of foreign currency.
E)change in Canada's net exports.

Question

Quizplus · Accepted Answer

The official settlements account measures the change in a country's holdings of foreign currency, reflecting the transactions that affect the country's foreign exchange reserves.

The Official Settlements Account Measures the