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When Analyzing the Financial Account of the Balance of Payments

question 47

Essay

When analyzing the financial account of the balance of payments, there may be a situation in which the overall balance is not equal to zero. What could cause this to happen and how does BOP accounting handle it?


Definitions:

Simplified English

A version of the English language adapted to be more understandable, with restricted vocabulary and grammar.

Passive Voice

A grammatical construction in which the noun or noun phrase that would be the object of an active sentence appears as the subject of a sentence with passive voice.

Active Voice

A sentence structure where the subject performs the action stated by the verb directly.

Dissatisfaction

Dissatisfaction is the feeling of unhappiness or discontent resulting from unmet expectations or needs.

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