A statement of spending flows into and out of the country during a particular period for Jpurchases of assets is called a

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Quizplus · Accepted Answer

A statement of spending flows into and out of the country for purchases of assets is known as the capital account. The current account, on the other hand, tracks trade flows, while the net foreign investment account and net outflow account are not standard accounting terms.

A Statement of Spending Flows into and Out of the Country