Which of the following statements is True ?

Related Mcqs:

Debit entries on the balance of payments are the entries that would ?

A. mean a loss of foreign exchange B. bring foreign exchange into the country C. indicate a surplus exist D. exist at the bottom line after all accounts are totaled...

Current account deficit are offset by______________?

A. merchandise trade deficits B. merchandise trade surpluses C. capital/financial account surpluses D. capital/financial account deficits...

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...

A country’s transactions with the rest of the world are recorded in the ?

A. balance of international indebtedness B. balance of financial transactions C. balance of payments D. income statements...

Which of the following statements is correct ?

A. If the current accounts is in surplus then the capital account must also be in surplus B. If the current account is in deficit then the capital account must also be in deficit C. The overall sum of all the entries in the balance of payments must be positive D. The overall sum of … Which of the following statements is correct ?Read More...