Balance of Payments Accounts
AP Macroeconomics · Flashcards · Recall
AP MACROECONOMICS · FLASHCARDS
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QUESTION
What is direct investment in the Financial Account?
QUESTION
Define remittances in the context of BOP.
QUESTION
Identify the term: Net income from abroad.
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ANSWER
Income received from investments abroad minus income paid to foreign investors. Reflects difference between investment income earned and paid.
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