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    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    Which International Account Is Used to Record Payments for Imports
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Which International Account Is Used to Record Payments for Imports

Question 420

Question 420

Multiple Choice

Which international account is used to record payments for imports, receipts from exports, net interest paid abroad and net transfers?


A) the capital and financial account
B) the current account
C) the official settlements account
D) the trade account

Correct Answer:

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