_____________ are international transactions that take place for business or profit motives and independently of balance-of-payments considerations.
A)Automated transactions
B)Autonomous transactions
C)Accommodating transactions
D)Below-the-line-transactions

Question

Quizplus · Accepted Answer

Autonomous transactions are international transactions that take place for business or profit motives and independently of balance-of-payments considerations. Automated transactions refer to transactions carried out electronically without human intervention. Accommodating transactions refer to transactions undertaken by central banks to stabilize exchange rates. Below-the-line transactions refer to non-routine transactions that are not included in the balance-of-payments accounts, such as debt forgiveness or international gifts.

_____________ Are International Transactions That Take Place for Business or Profit