Question: One difference between the trade balance and the current account is that A. The current account includes the flows of financial investment capital while the

One difference between the trade balance and the current account is that A. The current account includes the flows of financial investment capital while the trade balance only includes the net interest income B. The trade balance includes imports and exports of services while the current account only includes capital inflows and outflows C. The current account includes net interest income while the trade balance does not D. The current account includes the government budget deficit while the trade balance does not

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!