To which balance of payment category would purchases of gold by the Bank of England belong?
A) Official Reserve Account
B) Current Account
C) Capital Account
D) Unilateral transfers
Correct Answer:
Verified
Q9: In a freely floating exchange rate system,if
Q10: What is another name for gifts and
Q11: accounting statement that summarizes all the economic
Q12: account that records imports and exports of
Q13: The Japanese current account surplus can best
Q15: In a freely-floating exchange rate system,the sale
Q16: The sale of US treasury bonds by
Q17: As the real value of the dollar
Q18: Which one of the following would NOT
Q19: Tourism shows up on the _ account.
A)merchandise
B)current
C)capital
D)official
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