Q1-3 Whenever there is an outflow of funds from any of the balance of payments (BOP) accounts, it is recorded as ______, and called ________. a. minus / a unilateral transfer b. minus / a BOP debit c. plus / a BOP credit d. plus / a current account surplus

Q1-3 Whenever there is an outflow of funds from any of the balance of payments (BOP) accounts, it is recorded as , and called __. a. minus / a unilateral transfer b. minus / a BOP debit c. plus / a BOP credit d. plus / a current account surplus

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 2QR

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Question

Q1-3

Whenever there is an outflow of funds from any of the balance of payments (BOP) accounts, it is recorded as ______, and called ________.

a. minus / a unilateral transfer

b. minus / a BOP debit

c. plus / a BOP credit

d. plus / a current account surplus

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