The official reserve transactions balance in the United States balance

The official reserve transactions balance in the United States balance of payments accounts is

a. reflects the difference between government spending and total taxes.
b. negative if a current account deficit exceeds a capital account surplus.
c. positive if a current account deficit exceeds a capital account surplus.
d. none of the above

 

ANSWER

C

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00