Which of the following best defines the current account balance?
A)net exports
B)net exports - net inflow of dividends and interest payments
C)net exports + net inflow of dividends and interest payments
D)net inflow of dividends and interest payments - net exports

Question

Quizplus · Accepted Answer

The current account balance is defined as the sum of net exports of goods and services and net inflow of dividends and interest payments, which are part of the income from abroad.

Which of the Following Best Defines the Current Account Balance