The Account That Records the Receipts from the Exports of Goods

question 366

Multiple Choice

The account that records the receipts from the exports of goods and services sold abroad, the payments for imports of goods and services from abroad, net interest income paid abroad, and net transfers is the

• A) current account.
• B) official settlements account.
• C) international capital account.
• D) capital and financial account.

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Definitions:

Oligopolistic Market

A market structure characterized by a small number of firms dominating the market, leading to limited competition and significant influence over price and market conditions.

Entry Barriers

Obstacles that make it difficult to enter a particular market, such as high start-up costs or stringent regulations.

Market Size

The total number of potential buyers and sellers in a given market, often measured by volume or value.

Individual Transferable Quotas

A regulatory tool in environmental and resource management, allowing owners to harvest a specific amount of a resource and trade the quota with others.