The Balance of Payments Identity Is Given by BCA

question 19

Multiple Choice

The balance of payments identity is given by BCA + BKA + BRA = 0.Rearrange the identity for a country with a pure flexible exchange rate regime.

• A)BCA + BKA + BRA = 0
• B)BCA = −BKA
• C)BCA + BKA = −BRA
• D)BRA = −BCA

---

Definitions:

Schedule Of Cost

A detailed statement summarizing the costs associated with production or a specific project.

Goods Manufactured

The completed items that are ready for sale or use, produced by a manufacturing process during a specific accounting period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.

Selling Expenses

Selling expenses are costs associated with the marketing and sale of products or services, including advertising, sales commissions, and retail space rental.