The current account:
A) is the sum of the balance of trade,net income on capital held abroad,and net transfer payments.
B) is the difference between exports and imports.
C) measures changes in foreign ownership of domestic assets,including financial assets like stocks and bonds,as well as physical assets.
D) is a summary of all of the economic transactions between residents of one country and residents of the rest of the world.
Correct Answer:
Verified
Q52: Which of the following is a U.S.current
Q53: Which of the following would be recorded
Q54: Which of the following is NOT included
Q55: The most important and volatile component of
Q56: The _ is the sum of the
Q58: Which of the following is NOT a
Q59: Which of the following transactions can be
Q60: If the current account deficit indicates a
Q61: Which of the following would be recorded
Q62: Which of the following includes the activity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents