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Home Q & A Board Other Fields Homework Help Business Economics
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lambchop03 lambchop03
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5 years ago

Question 1.

The balance of payments is divided into two major accounts, the



▸ current account and the trade account.

▸ current account and the capital account.

▸ current account and the reserve account.

▸ trade account and the capital account.

Question 2.

An Italian citizen buys a U.S. bond. This transaction will be entered as



▸ a credit in the U.S. current account.

▸ a credit in the U.S. capital account.

▸ a debit in the U.S. current account.

▸ a debit in the U.S. capital account.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Brittany08196Brittany08196
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5 years ago
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lambchop03 Author
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#2
5 years ago
Good timing, thanks!
¯\_(ツ)_/¯
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