The current account in the balance of payment is made up of
A) A country's government expenditure for the current fiscal year
B) The assets of all the companies in the country
C) A country's exports and imports and any income earned or remitted
D) A line item in a country's government budget

Question

Quizplus · Accepted Answer

The current account in the balance of payments includes a country's exports and imports of goods and services, primary income (such as interest and dividends), and secondary income (such as remittances), reflecting the country's transactions with the rest of the world.

The Current Account in the Balance of Payment Is Made