True/False
The current account balance consists of exports, minus imports of merchandise and services, plus income on US assets abroad, minus payments on foreign assets in the United States, plus unilateral government transfers and private remittances.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Under the gold standard,every central bank needed
Q13: If central bankers raise interest rates to
Q14: Traders and investors trading in a forward
Q15: When the United States sells products to
Q16: Which of the following is the concept
Q17: Purchasing power parity is the price of
Q19: Even though a country may have a
Q21: A country experiencing a current account surplus
Q22: Which of the following is most focused
Q23: Since foreign exchange is such a unique