Which of the following is not included in the current account of a nation's balance of payments?
A)its merchandise exports
B)its merchandise imports
C)its net investment income
D)its capital inflows

Question

Quizplus · Accepted Answer

Capital inflows are not included in the current account of a nation's balance of payments. The current account records international transactions of goods and services, primary income (such as wages and profits), and secondary income (such as aid and remittances). Capital inflows are recorded in the capital account or financial account, which records transactions involving financial assets and liabilities between residents and non-residents.

Which of the Following Is Not Included in the Current