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Home › CBSE Class 12 (Arts) › Economics › Open Economy Macroeconomics › Transactions made for profit, independent of the…

Transactions made for profit, independent of the BoP position, are called what?

AAccommodating
BCompensating
CAutonomous
DResidual
Answer & Solution
Correct answer: C. Autonomous
Autonomous items occur for their own reasons such as profit and not to close a BoP gap.
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