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Question
______ are the transactions between the residents of two countries that take place due to consideration of profit.
Options
Autonomous Transactions
Accommodating transactions
Both autonomous transactions and accommodating transactions
None of the above
MCQ
Fill in the Blanks
Solution
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.
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Measures of Government Deficit Or Surpluses
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