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    Exam 16: The International Financial System
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    What Is the Bookkeeping System for Recording All Receipts and Payments
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What Is the Bookkeeping System for Recording All Receipts and Payments

Question 2

Question 2

Multiple Choice

What is the bookkeeping system for recording all receipts and payments that have a direct bearing on the movement of funds between a nation and foreign countries?


A) current account
B) capital account
C) balance of payments
D) trade balance

Correct Answer:

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