Which of the Following Is NOT a Major Subaccount of the Balance

question 51

Multiple Choice

Which of the following is NOT a major subaccount of the Balance of Payments?

• A) the financial account
• B) the accounts payable
• C) the capital account
• D) the current account

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Definitions:

HUAC Investigation

Inquiries conducted by the House Un-American Activities Committee, especially during the mid-20th century, aimed at uncovering alleged disloyalty and subversive activities.

Whitaker Chambers

A former Communist Party member and Soviet spy who became an outspoken opponent of communism after defecting to the United States, famously testified against Alger Hiss.

Alger Hiss

A former U.S. government official who was accused of being a Soviet spy in 1948 and convicted of perjury in connection with this charge.

Soviets Celebrate

Denotes the celebration or commemoration of significant dates or events by the Soviet Union, emphasizing its achievements or historical milestones.