Asked by Melanie Hershock on May 18, 2024
Verified
In 2009,we ran a capital account surplus of $___________ billion.
Capital Account
A national account that records transactions involving the purchase and sale of assets, such as property and stocks, between residents of one country and those of others.
Surplus
The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.
- Acquire knowledge about the balance of payments and its components.
Verified Answer
ND
Learning Objectives
- Acquire knowledge about the balance of payments and its components.
Related questions
The Average Trade Balance from 2005 Through 2008 Was $____________ ...
Our Balance of Trade Is Part of Our _______________
Our ______ Summarizes Our Transactions Involving the International Exchange of ...
Technically,our Balance of Payments Always Has a Balance of _________
The Balance of Payments Summarizes the Transactions That Occur During ...