Which of the following is true of the balance of payments ...

[oliviahorn72]

Which of the following is true of the balance of payments accounts?
 a. It records only the trade in tangible assets between any two nations.
  b. It is a record of a country's merchandise trade.
  c. It records the total external debt used to finance government budget deficits.
  d. It is recorded biannually in most developed countries.
  e. It records a country's trade in goods, services, and financial assets with the rest of the world.

Question 2

When one country buys more from another country than it sells to the country, it is said to be experiencing:
 a. economic dualism.
  b. double counting.
  c. symmetrical trade.
  d. internationalizatio n.
  e. bilateral trade deficit.

[mathjasmine]

Answer to Question 1

e

Answer to Question 2

e

[oliviahorn72]

Excellent

[kusterl]

Thanks for the timely response, appreciate it