Imports and exports of merchandise, and payment flows from the purchase and sale of assets between the United States and other nations are recorded in the:

Name: Imports and exports of merchandise, and payment flows from the purchase and sale of assets between the United States and other nations are recorded in the:
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Imports and exports of merchandise are recorded in the current account, while payment flows from the purchase and sale of assets between countries are recorded in the capital account.

Imports and Exports of Merchandise, and Payment Flows from the Purchase