The current account includes all of the following accounts except
A) net transfers.
B) net exports.
C) net financial derivatives.
D) net factor payments.

Question

Quizplus · Accepted Answer

The current account includes net exports (exports minus imports), net transfers (such as foreign aid and remittances), and net factor payments (such as income from foreign investments and labor). It does not include net financial derivatives, which are recorded in the capital account.

The Current Account Includes All of the Following Accounts Except