If the residents of a country receive income from their foreign investments,it is counted as a

Name: If the residents of a country receive income from their foreign investments,it is counted as a
Brand: Quizplus
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Question

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Foreign investment income received by residents of a country is considered a credit entry in the current account because it represents an inflow of funds into the country. The current account is a record of a country's trade in goods and services, as well as its foreign income and transfers.

If the Residents of a Country Receive Income from Their