The official settlements account measures the
A)net value of foreign goods officially purchased by Canada.
B)change in Canada's net exports.
C)change in the government's holdings of foreign currency.
D)value of Canadian merchandise purchased by foreigners.
E)net value of Canadian official exports of services.

Question

Quizplus · Accepted Answer

The official settlements account measures the change in a government's holdings of foreign currency, reflecting transactions that affect the country's foreign exchange reserves.

The Official Settlements Account Measures the