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22. Balance of Payments
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Problem 15
22. Balance of Payments
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22. Balance of Payments / Balance of Payments: Introduction / Problem 2
Problem 2
Why is the capital account considered trivial in the context of this class?
A
It is the largest component of the balance of payments.
B
It directly impacts the current account balance.
C
It deals with minor transactions like debt forgiveness and intangible assets.
D
It is the main focus of international trade.
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