ECONOMICS (CBSE/UGC NET)

ECONOMICS

BALANCE OF TRADE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Jorge Martinez from Spain buys a shopping center in Florida.
A
credit
B
debit
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Andre Prenoor, US entrepreneur, invests $50 million to develop a theme park in Malaysia. 3. A Chinese company sells $1 million worth of berets to the US Army.

Detailed explanation-2: -The balance of payments (BOP) is the method by which countries measure all of the international monetary transactions within a certain period. The BOP consists of three main accounts: the current account, the capital account, and the financial account.

There is 1 question to complete.