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Chako Chako
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Posts: 2948
8 years ago
A country is said to be in balance of payments equilibrium, when the sum of its current and its
A) non-reserved capital accounts is higher than the total capital account balance.
B) non-reserved capital accounts equals zero.
C) reserved capital accounts equals zero.
D) non-reserved capital accounts equals to the surplus in the capital account.
E) non-reserved capital accounts equals to the deficit in the capital account.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
8 years ago
Don't forget to vote my answer as best Nerd Face
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