Question: The current account records A . net capital flows, net investment income, and net transfers. B . net exports, net investment income, and net transfers.
The current account records
A
net capital flows, net investment income, and net transfers.
B
net exports, net investment income, and net transfers.
C
net capital flows and net investment income.
D
only net capital flows.
E
only net exports.
Part
The financial account records
A
only net capital flows.
B
only net exports.
C
net exports, net investment income, and net transfers.
D
net capital flows and net investment income.
E
net capital flows, net investment income, and net transfers.
Part
The balance of payments is equal to
A
the current account minus the financial account.
B
the current account times the financial account.
C
the current account plus the financial account.
D
the current account divided by the financial account.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
