The capital account of the BoP records

changes in foreign assets and liabilitiesCorrect answerYour answerexports and imports of goodsCorrect answerYour answerservices and transfersCorrect answerYour answerthe government's tax receiptsCorrect answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

Capital account flows create claims: a foreign loan is a liability, buying a foreign company's shares an asset.

Concept: Capital account
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe capital account

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

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The capital account of the BoP records

Explanation