imagine you are trying to gather the information needed to calculate the balance of payments for an Eastern European country. To do your calculations, you would need to have information on all of the following EXCEPT:
Group of answer choices.

tourist spending in the country

foreign aid the country receives

its imports and exports

military expenditures it makes in other countries

its corporate tax rates

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24-02-2022
Business

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imagine you are trying to gather the information needed to calculate the balance of payments for an Eastern European country. To do your calculations, you would need to have information on all of the following EXCEPT:
Group of answer choices.

tourist spending in the country

foreign aid the country receives

its imports and exports

military expenditures it makes in other countries

its corporate tax rates

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Parrain Parrain · Answer 1 · 2022-02-28T13:44:18+01:00

Information that you would not need to calculate the balance of payments for the Eastern European country is its corporate tax rates.

What are balance of trade payments?

This refers to the difference between cashflow leaving the country and those being brought into the country.

You would therefore need information on imports and exports, expenditures in other nations, foreign aid coming into the country, and tourist spending.

The country's tax rates however, have nothing to do with balance of payments.

In conclusion, option E is correct.

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