A U.S.government worker is updating a portion of the U.S.balance of payments that deals with goods such as automobiles and textiles,as well as banking services and consulting services. These are all examples of what types of assets found on the BOP?
A)Fixed assets
B)Financial assets
C)Real assets
D)Tangible assets
E)Investment assets

Question

Quizplus · Accepted Answer

Goods like automobiles and textiles are considered real assets, as they are physical items. Banking and consulting services, while not physical, are also part of the real economy transactions recorded in the balance of payments.

A USGovernment Worker Is Updating a Portion of the U