Multiple Choice
The capital account records
A) transactions that affect net capital flows in the economy.
B) relatively minor transactions, such as migrants' transfers, and sales and purchases of nonproduced, nonfinancial assets.
C) transactions that affect the balance of trade or the balance of services.
D) statistical discrepancy between the current account and the financial account.
E) transactions between national governments located in each country's capital.
Correct Answer:
Verified
Correct Answer:
Verified
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