In the balance of payments of the United States, U. S. goods imports are recorded as a:

a. positive entry.

b. capital account entry.

c. current account entry.

d. official reserves entry.

Question

Business

Cameron Collins

24 August, 23:33

In the balance of payments of the United States, U. S. goods imports are recorded as a:

a. positive entry.

b. capital account entry.

c. current account entry.

d. official reserves entry.

+1

Answers (1)

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Chester · Answer 1

U. S. goods imports are recorded as a C. current account entry.

In the balance of payments of the United States, there are two types of sub-accounts called the current account entry and the financial account entry. The current account entry is used to record transactions of good or service. Meanwhile, the financial account entry is used to record transactions of the State's assets.

In the balance of payments of the United States, U. S. goods imports are recorded as a:a. positive entry.b. capital account entry.c. current account entry.d. official reserves entry.

In the balance of payments of the United States, U. S. goods imports are recorded as a:

a. positive entry.

b. capital account entry.

c. current account entry.

d. official reserves entry.