What Is the Key Identity of the Balance of Payments $\gt$

question 90

Multiple Choice

What is the key identity of the balance of payments?

• A) current account balance - capital account balance = 0
• B) current account balance + capital account balance = 0
• C) capital account balance - current account balance =0
• D) current account balance \(\gt\) capital account balance
• E) current account balance \(\lt\) capital account balance

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Definitions:

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SCM Supports

The systems, tools, and practices that aid in managing the flow of goods and services from suppliers to customers in the supply chain management process.

Strategic Planning

A long-term, goal-oriented process of identifying priorities, aligning resources, and devising a coherent organizational action plan.

Tactical Planning

The process of developing short-term actions and strategies that are aligned with an organization's longer-term goals and strategic plan.