Expenditures for services such as tourism, income for foreign investment, and foreign gifts are tabulated in the:

Question

Quizplus · Accepted Answer

Expenditures for services such as tourism fall under the category of invisible trade and are included in the current account of the balance of payments. The capital account records transactions related to long-term investments and loans, while the official reserve account tracks changes in a country's foreign currency reserves. The goods account records transactions related to the import and export of physical goods.

Expenditures for Services Such as Tourism, Income for Foreign Investment