πŸ“Š International Economics
Q. Distinguish between autonomous and accommodating items in the balance of payments.
  • (A) all transactions in the current and capital account are called automatic transactions. accommodating items are transactions that come under the official reserve account.
  • (B) transactions are said to be autonomous if their value is determined independently of the balance of payments. accommodating items are determined by the net consequences of the autonomous items.
  • (C) they take place for business or private motive. accommodating items are required to balance international transactions.
  • (D) all the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) all the above

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