Which balance-of-payments account would be associated with each of the following items? a. An export of goods
Question:
a. An export of goods
b. A purchase of bonds
c. A gift to someone in another country
d. A dividend paid from stock owned in another country
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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