Category: The Balance of Payments

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

A. capital account transactions
B. current account transactions
C. unilateral transfer transactions
D. merchandise trade transactions

A. statistical discrepancy
B. balance of payments
C. balance of trade
D. trade deficit

A. exporter
B. importer
C. debtor
D. creditor

A. is equal to official reserve transactions
B. occurs because of foreign exchange fluctuations
C. reflects statistical discrepancies
D. reflects the difference between flow and stock concepts

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. merchandise trade account
B. services account
C. unilateral transfers account
D. capital account

A. debtor
B. creditor
C. spender
D. exporter

A. insure that the sum of all debits matches the sum of all credits
B. insure that trade imports equals the value of trade exports
C. obtain an accurate account of a balance of payments deficit
D. obtain an accurate account of a balance of payments surplus

A. investment inflows
B. merchandise exports
C. payments for American services to foreigners
D. private gives to foreign residents