The _____ account of the balance-of-payments statement is most likely to record all exports and imports of gold, increases or decreases in foreign exchange, and increases or decreases in liabilities to foreign central banks.
A) current
B) capital
C) credit
D) receivables
E) reserves

Question

Quizplus · Accepted Answer

The reserves account is a record of exports and imports of gold, increases or decreases in foreign exchange, and increases or decreases in liabilities to foreign central banks.

The _____ Account of the Balance-Of-Payments Statement Is Most Likely