The Balance of Payments Is Zero

question 3

Multiple Choice

The balance of payments is zero

• A) because each transaction has equal and opposite entries in the accounts.
• B) because market forces ensure that this is so.
• C) only if the current account balance is zero.
• D) only if the capital account balance is zero.
• E) if the capital inflows equal capital outflows.

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Definitions:

Current Due

The amount of money that is owed and needs to be paid as of the current date, often used in billing and accounting contexts.

Criteria Row

A feature in database and spreadsheet software where users can specify conditions that data must meet for it to be displayed or selected.

Datasheet View

A way of displaying data in a database program that shows information in a tabular form, similar to a spreadsheet.

Navigation Pane

A graphical user interface component that provides a structured and easily navigable overview of the contents of a document, application, or website.