Which of the Following Is True of the Balance of Payments

question 84

Multiple Choice

Which of the following is true of the balance of payments accounts?

• A)It records only the trade in tangible assets between any two nations.
• B)It is a record of a country's merchandise trade.
• C)It records the total external debt used to finance government budget deficits.
• D)It is recorded biannually in most developed countries.
• E)It records a country's trade in goods, services, and financial assets with the rest of the world.

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Definitions:

Feel Emotions

The experience of complex psychological states that arise in response to internal or external events, involving physiological, cognitive, and behavioral reactions.

Catatonic Stupor

A symptom associated with schizophrenia in which a person becomes almost totally unresponsive to the environment, remaining motionless and silent for long stretches of time.

Silent

The state or quality of being quiet or without any sound.

Motionless

The state of not moving or being completely still.