The "balance of payments" is a record of all economic transactions between the residents of a country and the rest of the world.It is divided into the current and capital accounts.Current accounts include all of the following except:
A)balance on goods.
B)portfolio investments.
C)balance on services.
D)goods imports.
E)goods exports.

Question

Quizplus · Accepted Answer

Portfolio investments are recorded in the capital account, not the current account. The current account includes transactions like the balance on goods and services, goods imports, and goods exports.

The "Balance of Payments" Is a Record of All Economic