When the value of exports equals the value of imports then
A) the value of capital exports equals the value of capital imports.
B) the balance of trade is in balance.
C) the accounting identity does not hold.
D) the value of all debit transactions equals the value of all credit transactions.
Correct Answer:
Verified
Q3: Investment income represent
A)the balance of services coming
Q4: Which of the following is a deficit
Q5: A summary record of a country's economic
Q6: The balance of income earned on assets
Q7: The balance of trade is defined as
A)the
Q9: Which of the following would contribute to
Q10: Which of the following would contribute to
Q11: Current account transactions are all payments and
Q12: Which of the following is a deficit
Q44: Any transaction that leads to a payment
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