Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect
A. Current account only
B. Capital account only
C. Official reserves account only
D. Both current account and capital account
Answer: Option D
Solution(By Examveda Team)
Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect both current account and capital account.This Question Belongs to Management >> International Finance And Treasury
Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
Join The Discussion