The account that records the receipts from exports of goods and services sold abroad, the payments for imports of goods and services from abroad, net interest income paid abroad, and net transfers is the ________.
A)international capital account
B)current account
C)official settlements account
D)capital and financial account

Question

Quizplus · Accepted Answer

The current account records the receipts from exports of goods and services, payments for imports, net interest income, and net transfers.

The Account That Records the Receipts from Exports of Goods