The ________ of the balance of payments measures all international economic transactions of financial assets.
A)current account
B)merchandise trade account
C)services account
D)capital/financial account

Question

Quizplus · Accepted Answer

The capital/financial account of the balance of payments measures all international economic transactions of financial assets, such as foreign direct investment, portfolio investment, loans, and banking transactions. The current account measures trade in goods and services, income flows, and unilateral transfers, while the merchandise trade account only measures the trade in goods. The services account measures trade in services only.

The ________ of the Balance of Payments Measures All International