The balance of payments is:
A) a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world.
B) the sum of the balance of trade,net income on capital held abroad,and net transfer payments.
C) the price of one currency in another currency.
D) a currency whose value is not pegged but governments will intervene extensively in the market to keep the value within a certain range.
Correct Answer:
Verified
Q34: The trade deficit and the _ surplus
Q35: Which of the following is NOT a
Q36: If a country is running a capital
Q37: If there are no changes in official
Q38: Adding up the _ and the _
Q40: Transactions included in the balance of payments
Q41: A current account deficit in Kazakhstan could
Q42: All else held constant,an increase in U.S.imports
Q43: The current account includes:
A) the balance of
Q44: All current account transactions take place in:
A)
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