Which of the following statements is true about the balance of payments account? Choose...
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Accounting
Which of the following statements is true about the balance of payments account? Choose answer: Choose answer: Choice A Only imports and exports are included in the balance of payments A Only imports and exports are included in the balance of payments Choice B The sum of all debit entries is greater than the sum of all credit entries B The sum of all debit entries is greater than the sum of all credit entries Choice C The sum of all credit entries is greater than the sum of all debit entries C The sum of all credit entries is greater than the sum of all debit entries Choice D Only the movement of financial assets is included in the balance of payments D Only the movement of financial assets is included in the balance of payments Choice E A surplus in the financial account means there is a deficit in the current account E A surplus in the financial account means there is a deficit in the current account
Which of the following statements is true about the balance of payments account?
Choose answer:
Choose answer:
Choice A Only imports and exports are included in the balance of payments
A
Only imports and exports are included in the balance of payments
Choice B The sum of all debit entries is greater than the sum of all credit entries
B
The sum of all debit entries is greater than the sum of all credit entries
Choice C The sum of all credit entries is greater than the sum of all debit entries
C
The sum of all credit entries is greater than the sum of all debit entries
Choice D Only the movement of financial assets is included in the balance of payments
D
Only the movement of financial assets is included in the balance of payments
Choice E A surplus in the financial account means there is a deficit in the current account
E
A surplus in the financial account means there is a deficit in the current account
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