Solved

Suppose a Country Has $500 Million in Exports, $600 Million

Question 49

Multiple Choice

Suppose a country has $500 million in exports, $600 million in imports, and $50 million in net unilateral transfers. The balance in its capital account must be:


A) -$100 million.
B) +$100 million.
C) -$50 million.
D) +$50 million.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents