Question: Match the following terms to the correct definations - A. B. C. D. E. F. G. Merchandise exports and imports represent tangible products that are

Match the following terms to the correct definations

- A. B. C. D. E. F. G.

Merchandise exports and imports represent tangible products that are transported between countries. Service exports and imports represent tourism and other services. The difference between total exports and imports is referred to as the balance of trade.

- A. B. C. D. E. F. G.

Represents income (interest and dividend payments) received by investors on foreign investments in financial assets (securities).

- A. B. C. D. E. F. G.

Represent aid, grants, and gifts from one country to another.

- A. B. C. D. E. F. G.

Investments in fixed assets in foreign countries

- A. B. C. D. E. F. G.

Transactions involving long term financial assets (such as stocks and bonds) between countries that do not affect the transfer of control.

- A. B. C. D. E. F. G.

Transactions involving short-term financial assets (such as money market securities) between countries.

- A. B. C. D. E. F. G.

Measurement errors can occur when attempting to measure the value of funds transferred into or out of a country.

A.

Other capital investment

B.

Direct foreign investment

C.

Factor income payments

D.

Portfolio investment

E.

Payments for merchandise and services

F.

Transfer payments

G.

Errors and omissions

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