Balance of Payments, Aid and Foreign Investment
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- Balance of Payments, Aid and Foreign Investmenteconomics-mcqs › balance-of-payments-aid-and-foreign-investment
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
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Which combination correctly describes the balance on the current account?
Multiple choice question for Balance of Payments, Aid and Foreign Investment. Select an option, then review the explanation below.
Explanation
Statement I indicates it equals the absolute value of the capital account balance. Statement II suggests it is funded by savings. Statement III refers to net grants minus remittances. Statement IV states it covers goods, services, and unilateral transfers. The correct combination is I and IV only.
More Balance of Payments, Aid and Foreign Investment MCQs
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- 1.Which of the following statements accurately describes the United States' total official development assistance (ODA) to developing nations?
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- 4.How do Carmen Reinhart and Kenneth Rogoff account for the paradox of capital flowing from poorer to wealthier nations?
- 5.Some economists and policymakers in developing nations argue that multinational corporations (MNCs) negatively impact these countries because they: