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Consider the following statements and identify the right ones 1 A...

This question belongs to Commerce Business Environment And International Business
Business Environment and International Business
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Consider the following statements and identify the right ones.
1. A double entry system of record of all economic transactions between the residents of a country and rest of the world is called balance of trade.
2. All transactions related to goods, services or income are classified as capital account.

Answer & Solution
Correct Answer: Option D
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