A new accountant works on the Balance of Payments of a country and records the following into the financial account.Which is the only one recorded correctly? Select one: a. Transfer of ownership of assets  b. External assets c. Trade in goods d. Imports of services e. Incomes paid to people working in a country temporarily

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter18: Gaining From International Trade
Section: Chapter Questions
Problem 13CQ
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A new accountant works on the Balance of Payments of a country and records the following into the financial account.Which is the only one recorded correctly?
Select one:
a. Transfer of ownership of assets 
b. External assets
c. Trade in goods
d. Imports of services
e. Incomes paid to people working in a country temporarily
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