In part, a country's current account measures
A)its current debt as opposed to its long- term debt.
B)net increases and decreases in a country's holdings of foreign currency.
C)receipts from the sale of goods and services to foreigners and payments for goods and services bought from foreigners.
D)borrowing and lending activity between the country's residents and foreigners.

Question

Quizplus · Accepted Answer

The current account measures the trade balance, which includes receipts from exports and payments for imports of goods and services, along with net income and current transfers.

In Part, a Country's Current Account Measures