which of the following is not true for autonomous transaction ??
1. they are undertaken with economic motive
2. they are independent of BOP status
3. they are shown in the current account of balance of payment
4. all are true

Dear student,

Ans. (2) they are independent of BOP status
These are the international transactions that are undertaken for economic motive, i.e profit. These transactions are called Above the line items in BOP and are independent of the state of the BOP account.

Regards,

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