Question

______ are the transactions between the residents of two countries that take place due to consideration of profit. 

विकल्प

• Autonomous Transactions

• Accommodating transactions

• Both autonomous transactions and accommodating transactions 

• None of the above

Answer 1

Accommodating transactions are the transactions between the residents of two countries that take place due to consideration of profit.

Explanation:

Accommodating transactions are ones that are performed to compensate for a deficit or surplus in autonomous transactions. Only the capital account is used to track these transactions.