The authors identify a tip for understanding BOP accounting. They recommend that you "follow the cash flow."
A)True
B)False

Question

Quizplus · Accepted Answer

Following the cash flow is a recommended tip for understanding BOP accounting. This involves tracking the inflows and outflows of cash in and out of a country's balance of payments accounts, including the current account and capital account. By analyzing these cash flows, you can gain insights into a country's economic health and its relationship with the rest of the world.

The Authors Identify a Tip for Understanding BOP Accounting