Balance of payments can be defined as: movement of financial assets among offici

Question

Balance of payments can be defined as: movement of financial assets among official holders monetary value of transactions in goods services, income flows and unilateral transfers record of exchange of goods, services or assets between businesses, individuals, and governments of one country with the rest of the world outright purchase & sale of foreign currency with immediate delivery The simultaneous purchase and sale of currency in different foreign exchange markets is called: hedging calculatory speculation forward transaction exchange arbitrage What is "Forex" an abbreviation for? Favored regional exchange Format for external trading Foreign exchange market Foreign extension of currency In balance of payments, a credit is: A receipt of payment from a foreign source The monetary value of all exports from a given country A record of private sector purchases The ability to buy and sell reserve assets An attempt to profit by trading on expectations about future prices is called: risk management stabilization hedging speculation.

Explanation / Answer

Balance of payment can be defined as:Record of exchange of goods and services between one country with rest of the world Simultaneous purchase and sale of foreihn exchnage currency in different markets is called exchange arbitrage Forex:Foreign exchange market In Balance of payment account a credit is the monetary value of exported goods. An attempt to profit by trading on future expectation about future prices is called speculation.

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