Multiple Choice
Which of the following is true of the balance of payments accounts?
A) It records only the trade in tangible assets between any two nations.
B) It is a record of a country's merchandise trade.
C) It records the total external debt used to finance government budget deficits.
D) It is recorded biannually in most developed countries.
E) It records a country's trade in goods, services, and financial assets with the rest of the world.
Correct Answer:
Verified
Correct Answer:
Verified
Q79: Other things equal, the currency price of
Q80: In the 1980s, the U.S.current account deficit
Q81: A dress manufactured in Hagen, Germany, costs
Q82: The hours of trading of North American
Q83: The statistical discrepancy account:<br>A)accounts for services.<br>B)accounts for
Q85: A gift from the British prime minister
Q86: Assume that the exchange rate moves from
Q87: Which of the following is included in
Q88: The euro coins can be spent only
Q89: The four main components of the current