How is the trade balance calculated?
A) the services balance + the current account balance + the capital account balance
B) merchandise exports - merchandise imports
C) the current account balance + the capital account balance
D) foreign purchases of domestic assets - domestic purchases of foreign assets
Correct Answer:
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Q15: Which of the following events would NOT
Q16: Which of the following sets of transactions
Q17: What does the current account record?
A) last
Q18: Which of the following is NOT a
Q19: What types of imports are included in
Q21: Which of the following characterizes Canada in
Q22: What does the financial account keep track
Q23: A wealthy Japanese executive decides to buy
Q24: In the balance of payments accounts, what
Q25: Which of the following characterizes the meaning
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