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(Table: Balance of Payments) Which Statement(s) Is/are TRUE? I

Question 52

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(Table: Balance of Payments) Which statement(s) is/are TRUE? (Table: Balance of Payments)  Which statement(s)  is/are TRUE?   I. The current account balance is equal to -$700 billion. II. The capital account balance is equal to $700 billion. III)  The statistical discrepancy must equal $100 billion. A)  I only B)  II only C)  I and II only D)  II and III only I. The current account balance is equal to -$700 billion. II. The capital account balance is equal to $700 billion.
III) The statistical discrepancy must equal $100 billion.


A) I only
B) II only
C) I and II only
D) II and III only

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