Which of the following records foreign expenditures and receipts relating to the export and import of goods and services and income payment?

Question

Quizplus · Accepted Answer

The current account records a country's transactions with the rest of the world, specifically its net trade in goods and services, its net earnings on cross-border investments, and its net transfer payments over a defined period of time, such as a year or a quarter. This includes foreign expenditures and receipts related to the export and import of goods and services and income payments.

Which of the Following Records Foreign Expenditures and Receipts Relating