The subcategory that typically dominates the current account is:
A) goods (merchandise) trade.
B) services trade.
C) income trade.
D) transfer accounts.

Question

Quizplus · Accepted Answer

Goods (merchandise) trade typically dominates the current account. This includes imports and exports of physical goods such as cars, machinery, and consumer products. Services trade, income trade, and transfer accounts are also important components of the current account but generally do not have as large an impact as goods trade.

The Subcategory That Typically Dominates the Current Account Is