The statistical discrepancy account: a. accounts for services. ...

[londonang]

The statistical discrepancy account:
 a. accounts for services.
  b. accounts for gifts to foreigners.
  c. is included to ensure a balance between debits and credits in the capital account.
  d. estimates transactions that were omitted from the official reporting process.
  e. causes the net balance in the balance of payments to be negative.

Question 2

Which of the following would be entered as a credit in the financial account of the United States?
 a. Purchase of U.S. Treasury bonds by Americans
  b. Purchase of U.S. Treasury bonds by foreigners
  c. Purchase of U.S. made cars by foreigners
  d. Income earned by the U.S. from tourism
  e. Purchase of foreign stocks by U.S. investors

[cupcake16]

Answer to Question 1

d

Answer to Question 2

b

[londonang]

Correct answers!

[cupcake16]

Great! Please up vote