Multiple Choice
When someone in a country buys an asset abroad, the transaction is recorded
A) in the current account.
B) in the official settlements balance.
C) in the capital account as a capital inflow.
D) in the capital account as a capital outflow.
Correct Answer:
Verified
Correct Answer:
Verified
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Q51: The official settlement balance<br>A)is an amount that
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Q57: Under the Bretton Woods system, exchange rates