Solved

Nakato, a South Asian Country, Exported Goods Worth $500 Million

Question 16

Multiple Choice

Nakato, a South Asian country, exported goods worth $500 million and imported goods worth $400 million in the last fiscal year. The country also made foreign investments worth $300 million and provided foreign aid worth $100 million in disaster relief. Besides this, the country took a loan of $5 billion from the World Bank. This flow of money into and out of Nakato is measured by _____.


A) opportunity cost
B) the balance of trade
C) articles of organization
D) the balance of payments

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions