Dunning's eclectic theory asserts that:
trade is fundamentally a paradox
foreign portfolio investment depends upon a location advantage
foreign direct investment depends upon an internalization advantage
national competitive advantage explains trade
Which of the following is NOT one of the major accounts in the balance of payments?
current account
capital account
official reserves account
gross domestic product account
An errors-and-omissions item in a country's balance of payments indicates that the:
country has a balance of payments surplus
country has a balance of payments deficit
country is unable to account perfectly for all cross-border financial transactions
published figures are preliminary, so a final report without errors and omissions will be forthcoming