Net Capital Outflow Equals the Difference Between a Country's

question 113

Multiple Choice

Net capital outflow equals the difference between a country's

• A)income and expenditure.
• B)investment and saving.
• C)purchases of foreign goods and services and sales of goods and services abroad.
• D)purchases of foreign assets and sales of domestic assets abroad.

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Definitions:

Inventory Method

A strategy used by businesses to value and manage their inventory, affecting how costs are recorded and profits calculated.

Weighted-Average

A mathematical average that takes into account the varying degrees of importance of the numbers in a data set.

Ending Inventory

The total value of all unsold goods that a company has in its possession at the end of an accounting period.

Periodic Inventory

An inventory accounting system where inventory levels and cost of goods sold are determined at the end of an accounting period.