The Account That Tracks Payments for Real and Financial Assets

question 86

Multiple Choice

The account that tracks payments for real and financial assets between nations and extension of international loans is known as the

• A) deficit and surplus.
• B) current account.
• C) balance of payments.
• D) trade balance.
• E) capital account.

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Definitions:

Conditional

A logical statement that has an if-then structure, implying that if one condition is met, then another condition follows.

Negation

In logic, the operation that takes a proposition to its opposite in truth value.

Disjunction

A logical operation that results in true if at least one of its operands is true.

Conditional

A statement, often expressed as "if-then," that specifies a condition and the outcome if that condition is met.