This is the answer plz write hand written ANSWER- True EXPLANATION- The balance of payments (BOP) is the record of all transnational deals( payments and bills) between the individualities and realities( including government) of one nation and other countries during a specific time period. The current account, the capital account, and the fiscal account make up a country's BOP Together, these three accounts tell a story about a country's frugality, profitable outlook, and strategies for achieving its asked pretensions. A current account records the inflow of goods and services in and out of a country, including palpable goods, service freights, tourism bills, and plutocrats transferred directly to other countries either as sanctioned aid or family to family. A fiscal account measures the increase or drops in a country's power of transnational means. The capital account measures the capital transfers betweenU.S. residers and foreign residers.

This is the answer plz write hand written ANSWER- True EXPLANATION- The balance of payments (BOP) is the record of all transnational deals( payments and bills) between the individualities and realities( including government) of one nation and other countries during a specific time period. The current account, the capital account, and the fiscal account make up a country's BOP Together, these three accounts tell a story about a country's frugality, profitable outlook, and strategies for achieving its asked pretensions. A current account records the inflow of goods and services in and out of a country, including palpable goods, service freights, tourism bills, and plutocrats transferred directly to other countries either as sanctioned aid or family to family. A fiscal account measures the increase or drops in a country's power of transnational means. The capital account measures the capital transfers betweenU.S. residers and foreign residers.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 46P: Imagine that the economy of Germany finds itself in the following situation: the government budget...

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