The balance of payments measures a flow of economic transactions during a particular period,usually a year.
Correct Answer:
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Q1: Which of the following is not true
Q4: The balance of payments can be thought
Q7: A nation's merchandise trade balance reflects
A)trade in
Q9: If the current account is in deficit,
Q12: The balance of goods and services is
A)the
Q13: A nation has an unfavorable balance of
Q14: The merchandise trade balance measures
A)the value of
Q16: The balance of payments summarizes the transactions
Q17: The trade balance is
A)the services balance plus
Q20: The merchandise trade balance does not include
A)exports
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