Question: only answer number 2 2. What is the balance of payments? Explain the two accounts in the BOP. Which one is more important? Why? 1.

only answer number 2

2. What is the balance of payments? Explain the two accounts in the BOP. Which one is more important? Why? 1. The current exchange rate between the US dollar and the Canadian dollar C$ is US$1.00 = C$1.2722. How much is one Canadian dollar worth in US dollars? How much is US$874,369 worth in Canadian dollars? How much is C$159,753 worth in US dollars

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