Foundations of Economics, Student Value Edition (8th Edition)
Foundations of Economics, Student Value Edition (8th Edition)
8th Edition
ISBN: 9780134489230
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 34, Problem 1MCQ
To determine

The components of the current account balance.

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The current account balance consists of   A.the trade balance plus the services balance. B.net exports of goods and services, minus net unilateral transfers. C.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers. D.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers, minus the capital and financial account balance.
The capital account balance is a nation's:    net investment income minus its net transfers            exports of goods and services minus its imports of goods and services            sale of real and financial assets to people living abroad minus its purchases of real and financial assets from foreigners            domestic investment spending minus domestic saving
What is paid to U.S. inputs (capital) in foreign countries minus what is paid to foreign inputs (capital) in the U.S. is known as,      transfer payments   the current account   net factor payments   net exports
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