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lemoneel121Lv1
18 Aug 2020
A summary record of a country's international economic and financial transactions in a given time period is the ______.
a. the capital account.
b. the international balance of payments statement.
c. the long term current account.
d. the trade account.
A summary record of a country's international economic and financial transactions in a given time period is the ______.
a. the capital account.
b. the international balance of payments statement.
c. the long term current account.
d. the trade account.
Raushan RajLv8
13 Oct 2020
Related textbook solutions
Related questions
| Exports of goods & services | $1000 |
| Imports of goods & services | $800 |
| The net change in assets owned abroad | $590 |
| The net change in foreign-owned assets at home | $400 |
| Unilateral transfers received | $100 |
| Unilateral transfers paid | $200 |
| Investment income paid to foreigners | $300 |
| Investment income received from foreigners | $400 |
| The balance on the capital account | $0 |
1. The balance on the current account is A) $100. B) $200. C) 0. D) - $100
2. The balance on the financial account is A) -$90. B) -$190. C) $100. D) $200
3. The statistical discrepancy is A) -$5. B) $5. C) $10. D) -$10
4. From the domestic economy's perspective,
A) there is a net international capital inflow equal to $190.
B) there is a net international capital outflow equal to $190.
C) the net international capital flow is zero.
D) its domestic absorption exceeds its GNP by $200.
