When comparing a nation’s balance of trade with its balance of payments, it is important to realize that

The balance of payments includes the balance of trade, but it also includes other financial flows such as foreign borrowing and lending More test answers on https://studyhippo.com/intro-to-business-final-exam-review/

Which term refers to the pattern of short-term ups and downs in an economy? A)aggregate output B)balance of payments C)standard of living D)business cycle E)demand and supply schedule

D)business cycle More test answers on https://studyhippo.com/eco-254-1/

How much will Balance of Payments come to?

They always equal to zero. More test answers on https://studyhippo.com/macroeconomics-final-exam-practice-questions-54813/

the balance of payments includes the balance of trade but it also includes other financial flows such as foreign borrowing and lending

When comparing a nation’s balance of trade with its balance of payments, it is important to realize that ? More test answers on https://studyhippo.com/busa-120-final/

the largest factor in a countries balance of payments is its ___________.

import export balance More test answers on https://studyhippo.com/bus-100-test-1/

Balance of payments surplus

more money into a country than out More test answers on https://studyhippo.com/bus-100-chapter-3/

Balance of payments is best defined as:

The system of accounts that records a nation’s international financial transactions. More test answers on https://studyhippo.com/international-marketing-chapter-1-19/

What is the significance of balance of payments figures?

A nation’s balance-of-payments statement records all financial transactions between its residents and those of the rest of the world during a given period of time—usually one year. Each of the nation’s financial transactions with other countries is reflected in its balance of payments. A nation’s balance-of-payments statement presents an overall view of its international economic position and is an important economic measure used by treasuries, central banks, and other government agencies whose responsibility is to maintain external and internal economic stability. A balance of payments represents the difference between receipts from foreign countries on one side and payments to them on the other. More test answers on https://studyhippo.com/international-marketing-test-1/