Question

What does Merchandise trade in the BOP cover?

a.

Services only

b.

Unilateral transfers only

c.

Moveable goods transactions

d.

Capital transactions

Answer: (c).Moveable goods transactions Explanation:Merchandise trade in the BOP covers all transactions related to moveable goods, including the change of ownership from residents to non-residents (exports) and vice versa (imports).

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Q. What does Merchandise trade in the BOP cover?

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