The excess of total credits over total debits in the current and private capital accounts is called the
A) BOP deficit.
B) BOP surplus.
C) official settlements account surplus.
D) official settlements account deficit.
Correct Answer:
Verified
Q3: _ is necessary to "balance" the BOP
Q4: The balance of trade records
A)trade in financial
Q5: Debit entries on the Balance of Payments
Q6: _ indicates whether a country is a
Q7: A current account surplus implies that
A)the country
Q9: With floating exchange rates,BOP equilibrium is restored
Q10: In the BOP,travel and tourism are included
Q11: Merchandise exports minus imports equal the
A)basic balance.
B)liquidity
Q12: Security purchases in the United States by
Q13: Current account deficits are offset by
A)the liquidity
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