Asked by Angelica Renata on Apr 30, 2024
Verified
The balance of payments accounts contain information about the
A) purchases of U.S.financial assets by foreigners.
B) purchases of foreign financial assets by U.S.citizens.
C) levels of U.S.exports and imports.
D) All of the choices/statements are true.
Balance Of Payments
A record of all economic transactions between the residents of a country and the rest of the world in a period.
U.S. Financial Assets
Economic resources or possessions of value owned or controlled by individuals or entities in the United States, including stocks, bonds, and bank deposits.
- Comprehend the elements and importance of balance of payments accounts.
Verified Answer
KH
Kalena HughesMay 06, 2024
Final Answer :
D
Explanation :
The balance of payments accounts contain information about all of the choices listed in options A, B, and C. It provides a record of all economic transactions between a country and the rest of the world, including exports and imports, purchases of foreign financial assets by US citizens and purchases of US financial assets by foreigners.
Learning Objectives
- Comprehend the elements and importance of balance of payments accounts.