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The Balance of Payments

When all of the debit or credit items in the balance of payments are combined ?

When all of the debit or credit items in the balance of payments are combined ?

A. merchandise imports equal merchandise exports
B. capital imports equal capital exports
C. services exports equal services imports
D. the total surplus or deficit equals zero

When all of the debit or credit items in the balance of payments are combined ? Read More »

Economics Mcqs, The Balance of Payments

The record of a country’s transactions in goods, services and assets with the rest of the world is its ?

The record of a country’s transactions in goods, services and assets with the rest of the world is its ?

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

The record of a country’s transactions in goods, services and assets with the rest of the world is its ? Read More »

Economics Mcqs, The Balance of Payments