The major accounts in the balance of payments

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Reference no: EM132058786

Dunning's eclectic theory asserts that:

trade is fundamentally a paradox

foreign portfolio investment depends upon a location advantage

foreign direct investment depends upon an internalization advantage

national competitive advantage explains trade

Which of the following is NOT one of the major accounts in the balance of payments?

current account

capital account

official reserves account

gross domestic product account

An errors-and-omissions item in a country's balance of payments indicates that the:

country has a balance of payments surplus

country has a balance of payments deficit

country is unable to account perfectly for all cross-border financial transactions

published figures are preliminary, so a final report without errors and omissions will be forthcoming

Reference no: EM132058786

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