Asked by
Incendium North
on Oct 12, 2024Verified
Which statement is true?
A) International trade is part of international finance.
B) International finance is part of international trade.
C) International trade and international finance are identical.
International Finance
The study of financial systems, currencies, and markets, and how they operate in the global context.
International Trade
The exchange of goods, services, and capital between countries, driven by comparative advantage and global demand.
- Identify the significant factors contributing to capital and current account balances.
Verified Answer
EC
Learning Objectives
- Identify the significant factors contributing to capital and current account balances.
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