The ________ records exports and imports of goods and services,investment income,and gifts.
A) current account
B) capital account
C) debt account
D) official reserves account

Question

Quizplus · Accepted Answer

The current account is the section of the balance of payments that records the exports and imports of goods and services, investment income, and gifts. It is also known as the goods and services account. The capital account records capital transfers and the acquisition and disposal of non-produced, non-financial assets. The debt account is not a component of the balance of payments, and the official reserves account records the changes in a country's official reserves.

The ________ Records Exports and Imports of Goods and Services,investment