A Balance-Of-Payments Statement Includes Three Accounts

question 66

Multiple Choice

A balance-of-payments statement includes three accounts. Two of those accounts are the current account and the capital account. What is the third account found on the balance-of-payments statement?

• A) Investment account
• B) Receivables account
• C) Services account
• D) Credit account
• E) Reserves account

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Definitions:

Midline

An imaginary line that divides the body into equal right and left halves.

Tasteless

Lacking flavor or not having any taste, often used to describe food or substances without a discernible taste.

Odorless

Lacking a detectable smell.

Liquid

A substance that flows freely but is of constant volume, having a consistency like that of water or oil.