Question: Among the statements below pick the one that can be best used to describe the basic balance of payments identity. Select one the most appropriate
Among the statements below pick the one that can be best used to describe the basic balance of payments identity. Select one the most appropriate answer.
Group of answer choices
Total balance between current account and capital account debits must equal total negative balance of financial account debits and credits.
Total current account and capital accounts credits must equal total financial account debits.
Total current account and capital accounts debits must equal total financial account credits.
Total balance between current account and capital account debits and credits must equal total negative balance of financial account debits and credits.
Total balance between current account and capital account debits and credits must equal total balance of financial account debits and credits.
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