Exports and imports of tangible goods are included in the ________ account of a country's balance of payments.
A) savings
B) capital
C) merchandise
D) services

Question

Quizplus · Accepted Answer

The merchandise account of a country's balance of payments includes exports and imports of tangible goods. The savings account tracks savings and investments from foreign countries, the capital account tracks financial investments and capital transfers, and the services account tracks exports and imports of services.

Exports and Imports of Tangible Goods Are Included in the ________