The current account balance of the balance-of-payments account equals: a) the domestic production of goods and services.
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Question:
The current account balance of the balance-of-payments account equals:
a) the domestic production of goods and services.
b) the sum of national savings and domestic capital formation.
c) net credits minus debits involving changes in nonofficial foreign financial assets and liabilities.
d) net foreign investment.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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