The primary component of the current account is the:
A) balance of trade.
B) balance of gifts.
C) balance of aid payments.
D) balance of grant payments.

Name: The primary component of the current account is the: A) balance of trade. B) balance of gifts. C) balance of aid payments. D) balance of grant payments.
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Question

​The primary component of the current account is the:
A) ​balance of trade.
B) ​balance of gifts.
C) ​balance of aid payments.
D) ​balance of grant payments.

Quizplus · Accepted Answer

The balance of trade, which is the difference between a country's exports and imports, is the primary component of the current account.

​The Primary Component of the Current Account Is The

The Primary Component of the Current Account Is The