What are the major accounts of the balance of payments

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1. What are the major accounts of the balance of payments, and what transactions are recorded on each account?

2. Why is it important for an international manager to understand the balance of payments?

3. What are the rules that determine the residency requirements on the balance of payments?

4. Which items on the balance of payments are recorded as credits, and which items are recorded as debits? Why?

Reference no: EM13897912

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