Question : The current account includes the balance of trade in goods, balance of trade in services, and balance of _______________transactions.
Option 1: capital
Option 2: financial
Option 3: investment
Option 4: current
Correct Answer: capital
Solution : The correct answer is (a) capital
The current account includes the balance of trade in goods, the balance of trade in services, and the balance of capital transactions. The balance of capital transactions represents the flow of financial capital between a country and the rest of the world, including items such as foreign direct investment, portfolio investment, and changes in reserve assets. It reflects the financial flows associated with the purchase or sale of assets, and it is an important component of the overall balance of payments.
Question : The current account of the Balance of Payments includes:
Question : The current account includes the balance of trade in goods, balance of trade in _______________and ____________transactions.
Question : Which account in the Balance of Payments includes transactions related to foreign direct investment?
Question : Which account in the Balance of Payments records the flow of goods, services, and income between residents and non-residents?
Question : Balance of payments consists of two main accounts: the current account and the ___________account.
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