Question
Japan issues a debt forgiveness of 10 million yen to Thailand. How is this accounted for in the balance of payments? a.financial account, Thailand asset
Japan issues a debt forgiveness of 10 million yen to Thailand. How is this accounted for in the balance of payments?
a.financial account, Thailand asset import
b.current account, Japan transfer receipt
c.current account, Thailand service export
d.capital account, Japan transfer payment
e.current account, Thailand good import
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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
Rethinking Macroeconomics
Authors: John F McDonald
2nd Edition
1000434699, 9781000434699
