Question: please answer me thse question by giving th right choice without explanation 14. Choose the correct statement A. The balance of payments is similar to

 please answer me thse question by giving th right choice without

please answer me thse question by giving th right choice without explanation

14. Choose the correct statement A. The balance of payments is similar to a balance sheet that records the international transactions over a period of time between a country and other countries B. The balance of payments is similar to an income statement that records the international transactions over a period of time between a country and other countries C. The balance of payments is similar to a trial balance sheet that records the international transactions over a period of time between a country and other countries D. The balance of payments is similar to a cash flow statement that records the international transactions over a period of time between a country and other countries 15. Purchasing power parity implies: A. A basket of goods should sell for different prices in different countries due to different wage rates. B. Despite trade barriers, a basket of goods should sell for the same price in all countries. C. Despite differences in transportation costs, a basket of goods should sell for the same price in all countries. D. As long as goods can move freely between countries and no trade restrictions exist, a basekt of goods should have the same price in different markets. 16. Under purchasing power parity, what's the correlation between the inflation rate in two countries and the exchange rate between them? A. There is no correlation between the inflation rate and the exchange rate B. There is a positive correlation between the inflation rate and exchange rate C. There is a negative correlation between the inflation rate and exchange rate D. There is an insignificant correlation between the inflation rate and the

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