Long term movements of capital are recorded in the capital account of BOP. Which of the following

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Long term movements of capital are recorded in the capital account of BOP.

Which of the following do not constitute long term capital flow?

(a) direct investment on fixed capital formation.

(b) maturity period of long term capital loan is more than a year.

(c) unilateral transfer payments.

(d) acquisition of bonds and shares of foreign company.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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