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What best describes "Exchange Rate Regime" Question 42 options: A) records all receipts and payments...

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Accounting

What best describes "Exchange Rate Regime" Question 42 options: A) records all receipts and payments from goods and services transactions with foreigners. These transactions are divided into two distinct categories: trade account and capital-service account. B) records all financial capital transfers (e.g purchase of foreign currencies and the selling of domestic currencies. Governments increases or decreases in foreign-currency reserves are recorded in this account. C) records all capital transfers (e.g purchase of foreign asset is capital outflow and selling domestic assets is capital inflow. Capital includes: bonds, shares in companies, real estate, intangible assets such as intellectual property rights (patents). D) A summary record of a country's transactions with the rest of the world, including the buying and selling of goods, services, and assets. E) the way an authority (government) manages its currency in relation to other currencies using the foreign exchange market

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