Question

Where are transactions resulting in changes in foreign assets and liabilities recorded in the BOP?

a.

Current Account

b.

Capital Account

c.

Official Reserves

d.

Merchandise Account

Answer: (b).Capital Account Explanation:Transactions resulting in changes in foreign assets and liabilities are recorded in the Capital Account of the BOP.

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Q. Where are transactions resulting in changes in foreign assets and liabilities recorded in the BOP?

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