Of the following, the one that appears in the current account of the balance of payments is ________.

Question

Quizplus · Accepted Answer

Income earned by Canadian subsidiaries of Barclay's Bank of London would be included in the current account of the balance of payments, as it represents a flow of goods or services (in this case, financial services) between countries. The other options involve financial transactions (stock purchases, loans, bond purchases) which would be recorded in the capital and financial accounts rather than the current account.

Of the Following, the One That Appears in the Current