Every international transaction automatically enters the balance of payments
A) once either as a credit or as a debit.
B) twice, once as a credit and once as a debit.
C) once as a credit.
D) twice, both times as debit.
E) the times, once as a credit, onces as a debit, and once as an exchange.
B
Economics
You might also like to view...
All other things unchanged, a higher exchange rate
A. reduces net exports and aggregate demand B. reduces net exports and increases aggregate demand C. increases net exports and aggregate demand D. increases net exports and reduces aggregate demand
Economics
Debt service payments appear in
(a) the current account. (b) the capital account. (c) the cash account. (d) errors and omissions.
Economics