Economics · International Trade

The financial settlements and receipts arising from foreign trade are recorded under which of the following accounts?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Balance of Payments✓
2Foreign trade multiplier
3Export elasticity account
4Import elasticity account

Correct answer

Balance of Payments

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The financial settlements and receipts arising from foreign trade are recorded under which of the following accounts?

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