LNG and LPG Ships

question 22

Multiple Choice

LNG and LPG ships

• A) are obsolete.
• B) cannot compete with container ships.
• C) often operate on long-term contracts.
• D) All of the above
• E) None of the above

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Definitions:

Assets Abroad

Financial holdings or investments located in foreign countries, outside of an investor's home country.

Current Account Deficit

A measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports.

Capital Account

A national account that records transactions involving the purchase and sale of assets, including real estate, stocks, bonds, and businesses, between residents and non-residents.

Financial Account

Part of the balance of payments, recording transactions that involve financial assets and liabilities between domestic and foreign entities.