Which monetary movement is NOT a component of the current account?
A) net transfers of money
B) net income flows
C) flow of stocks and bonds
D) payments for imports and exports

Question

Quizplus · Accepted Answer

The flow of stocks and bonds falls under the capital account, not the current account. The current account consists of the balance of trade, net income flows, and net transfers of money. Payments for imports and exports are also part of the current account.

Which Monetary Movement Is NOT a Component of the Current