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In the balance of payments, any transaction that leads to a receipt by a resident of a country or ...

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In the balance of payments, any transaction that leads to a receipt by a resident of a country or ...

Question 1.

A summary of a country's economic transactions with foreign residents and governments is called the

• financial account balance.

• balance of payments.

• balance of trade.

• current account balance.

Question 2.

In the balance of payments, any transaction that leads to a receipt by a resident of a country or its government is a(n)

• surplus item.

• asset.

• deficit item.

• minus item.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

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Coltonht Author

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Thank you, thank you, thank you!

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This helped my grade so much Perfect

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Smart ... Thanks!

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