MCQOPTIONS
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MCQOPTIONS
| 1. |
A country which gives loans and grants on a large scale to other countries has |
| A. | A surplus in its BOP on capital account |
| B. | A deficit in its BOP on capital account |
| C. | A surplus in its BOP on current account |
| D. | A deficit in its BOP on its current account |
| Answer» C. A surplus in its BOP on current account | |