Mastering the Balance of Payments
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Questions and Answers

Which account in the balance of payment records the flow of taxes, acquisition, and sale of fixed assets by immigrants moving into a different country?

  • Current account
  • Capital account (correct)
  • Finance account
  • None of the above
  • Which account in the balance of payment monitors the purchase and sale of assets (non-financial) like lands and properties?

  • Current account
  • Capital account (correct)
  • Finance account
  • None of the above
  • Which account in the balance of payment scans all the incoming and outgoing of goods and services between countries?

  • Current account (correct)
  • Capital account
  • Finance account
  • None of the above
  • Which account in the balance of payment covers payments made for raw materials and constructed goods?

    <p>Current account</p> Signup and view all the answers

    Which account in the balance of payment records the flow of funds to and from other countries through investments like real estate and foreign direct?

    <p>Finance account</p> Signup and view all the answers

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