McqMate
Q. |
Which among the following sentence is NOT true |
A. | items are said to be above the line (autonomous) or below the line (accommodating). |
B. | the sum of the accommodating and autonomous items must be zero, since all entries in the balance of payment s accounts must come under one of the tw3o headings. |
C. | a surplus in a nation’s balance of payments is given by a net debit balance in the nation’s autonomous items and a deficit is given by a net credit balance. |
D. | b o p is a systematic statistical statement or record of the character and dimensions of the country’s economic relationship with the rest of the world. |
Answer» C. a surplus in a nation’s balance of payments is given by a net debit balance in the nation’s autonomous items and a deficit is given by a net credit balance. |
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