The Payments Portion of the Balance of Payments-That Is, Payments

question 80

Multiple Choice

The payments portion of the balance of payments-that is, payments made by the UK-does not include

• A) exports.
• B) imports.
• C) military spending.
• D) foreign aid.
• E) investments.

---

Definitions:

Greenwich

A district in London, known for its maritime history and as the location of the Prime Meridian, from which Greenwich Mean Time is calculated.

Web Log

Also known as a blog, it is an online journal or informational website displaying information in reverse chronological order, with the latest posts appearing first.

GMT

Greenwich Mean Time, a time zone that is used as the standard time against which all other time zones are measured.

Historical Reference

An instance of referring to past events, individuals, or periods for purposes of context or analysis.