The Balance of Payments Accounts Are Divided into Two Sections

question 101

True/False

The balance of payments accounts are divided into two sections: the current account and the financial account.

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Definitions:

Logical

Pertaining to clear, formal reasoning, or relating to the use of reason and understanding to assess ideas and arguments.

Intuitive Thinking

Intuitive thinking is a cognitive process that occurs without explicit reasoning, relying on instinctive feelings rather than systematic analysis of information.

Rational

Based on or in accordance with reason or logic.

Logical

Pertaining to or characterized by clear, sound reasoning and thought processes.