Multiple Choice
A country's annual balance of payments statement must always balance because:
A) a nation's imports are limited to the value of its exports.
B) a trade deficit must be matched by an equal surplus of investment income.
C) all international transactions must be settled in one way or another.
D) a nation's exports will be limited by the dollar value of its imports.
Correct Answer:
Verified
Correct Answer:
Verified
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