The balance of payments includes which three accounts?
A)the current account,the financial account,and the capital account
B)the capital flows account,the financial account,and the trade account
C)the net investment account,the net exports account,and the net transfers account
D)the balance of trade account,the net foreign investment account,and statistical discrepancy

Question

Quizplus · Accepted Answer

The three accounts included in the balance of payments are the current account, the financial account, and the capital account. Option A correctly identifies these three accounts. Option B incorrectly includes the "capital flows account" which is not a standard account in the balance of payments. Option C incorrectly lists three sub-accounts of the current account, and option D lists only two accounts and includes a term ("statistical discrepancy") that refers to an item that appears in the overall balance of payments but is not a separate account.

The Balance of Payments Includes Which Three Accounts