Question:
The current account plus the financial account of the balance of payments is equal to
(1) zero.
(2) one.
(3) the trade balance.
(4) net capital account balance.
(5) net international reserves.
Correct Answer:
(4)
Answer Explanation:
The current account plus the financial account of the balance of payments is equal to net capital account balance.
Topic: Balance of Payments Year: 2017
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