In the balance of payments, a receipt of foreign exchange (such as from an export) is recorded as

a credit entryCorrect answerYour answera debit entryCorrect answerYour answernot recordedCorrect answerYour answera transferCorrect answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

Anything that brings foreign exchange into the country is a credit; anything that sends it out is a debit.

Ten questions from Balance of Payments, at your own pace.

Ten questions from Balance of Payments, at your own pace.

Explanation