q the balance of payments is always balanced
Q. "The balance of payments is always balanced." Discuss.
Answer: True each international transaction automatically enters the balance of payments twice once as a debit and once as a credit.
Current account + financial account + capital account = 0
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q what are the reasons for the world as a whole running a substantial current account deficitanswer this deficit improved sharply in the early 1980s
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q the balance of payments is always balanced discussanswer true each international transaction automatically enters the balance of payments twice
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q what is the national income identity for an open economyanswer y c i g ex -
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