All of the following components add up to the current account, except:
A) unilateral transfers.
B) statistical discrepancies.
C) services.
D) merchandise.
E) investment income.

Question

Quizplus · Accepted Answer

All of the other components - unilateral transfers, services, merchandise, and investment income - are included in the calculation of the current account balance. Statistical discrepancies, on the other hand, are not true economic transactions but rather a balancing item used to ensure that the sum of all components equals zero.

All of the Following Components Add Up to the Current