Which term describes the net border flows of goods and services, along with government transfers and net income on capital investment?

Question

Quizplus · Accepted Answer

The current account measures the net border flows of goods and services, as well as government transfers and net income on capital investment. The capital account measures the investment flows between countries, while portfolio investment refers to investment in financial assets such as stocks and bonds. Macroeconomic policy refers to government efforts to influence the overall economy.

Which Term Describes the Net Border Flows of Goods and Services