Author Question: The capital account is the sum of the merchandise, services, and unilateral transfers accounts. a. ... (Read 109 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
The capital account is the sum of the merchandise, services, and unilateral transfers accounts.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The balance of trade account reflects only transactions associated with the international trade of goods.
 a. True
  b. False
  Indicate whether the statement is true or false



jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

False

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library