Any balance of payments summary statement consists of the following three main accounts:
A) financial, transaction and borrowing.
B) services, exports and imports.
C) capital, balance and fiscal.
D) current, capital and financial.

Question

Quizplus · Accepted Answer

The balance of payments summary statement consists of three main accounts: the current account, the capital account, and the financial account. The current account includes transactions in goods, services, primary income, and secondary income. The capital account records transfers of capital and the acquisition and disposal of non-produced, non-financial assets. The financial account records transactions that involve financial assets and liabilities and that take place between residents and non-residents.

Any Balance of Payments Summary Statement Consists of the Following