Balance of payment (BOP) data may be important for any of the following reasons:
A) BOP data helps to forecast a country's market potential, especially in the short run.
B) The BOP is an important indicator of a country's foreign exchange rate.
C) Changes in a country's BOP may signal a change in controls over payment of dividends and interest.
D) all of the choices provided above

Question

Quizplus · Accepted Answer

All of the choices provided are important reasons why BOP data may be significant. BOP data provides information on a country's market potential, foreign exchange rate, and changes in controls over payment of dividends and interest. Therefore, all of the choices above are valid reasons why BOP data may be important.

Balance of Payment (BOP) Data May Be Important for Any