Accommodating transactions are those that

are made for profitCorrect answerYour answerare exports of servicesCorrect answerYour answerfill the gap left by autonomous transactionsCorrect answerYour answerare gifts from abroadCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

When autonomous receipts and payments do not match, the central bank uses reserves or official borrowing to fill the gap.

Concept: Accommodating transactions
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsAutonomous and accommodating; BoP deficit

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

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

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Accommodating transactions are those that

Explanation