The current account
A)does not account for interest payments paid to and received from the rest of the world.
B)is part of GDP.
C)measures our imports minus our exports.
D)measures our exports minus our imports, taking into account interest payments paid to and received from the rest of the world.

Question

Quizplus · Accepted Answer

The current account measures the difference between a country's savings and its investment. It includes the trade balance (exports minus imports) and also accounts for net income from abroad, including interest payments.

The Current Account