Question
Hello I have asked for help with this question 3x. It was answered as C which is incorrect. your free assistance is appreciated. Which of
Hello I have asked for help with this question 3x. It was answered as C which is incorrect. your free assistance is appreciated.
Which of the following statements about the current account and the capital account is correct?
Select one:
a. the value of goods or services exported equals the value of the asset given up to pay for this import
b. the net value of the goods or services sold by a country and the net income it earns from overseas must equal the net value of the asset acquired
c. the international flow of goods and services and income, and the international flow of capital are two sides of the same coin
d. none of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started