Business, 27.04.2021 15:40 19colemankl
Economists sometimes describe the balance of trade as the balance of payments, because:
a. they are mistaking the flow of goods with the flow of money
b. each category of the current account balance involves a corresponding flow of payments in the same direction
c. each category of the current account balance involves a corresponding flow of payments in the opposite direction
d. its financial capital outflows are equal to the inflows
Answers: 3
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Economists sometimes describe the balance of trade as the balance of payments, because:
a. they ar...
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