Which of the Following Is True Regarding Balance-Of-Payments Records

question 57

Multiple Choice

Which of the following is true regarding balance-of-payments records?

• A) The fact that assets and liabilities balance means a nation is in particularly good financial condition.
• B) The fact that assets and liabilities balance does not mean a nation is in particularly poor financial condition.
• C) A balance of payments is not a record of condition.
• D) A balance of payments is a determinant of condition.
• E) A balance of payments reflects all the financial transactions that occurred in the country.

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Administrative remedies refer to non-judicial solutions provided by government agencies or bodies to resolve disputes or address violations of regulations or laws.

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Disclosure of Information

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Administrative Procedure Act

Legislation governing the process by which federal administrative agencies propose and establish regulations.