The current account includes records of a country's
A)net exports.
B)net investment income.
C)net transfers.
D)All of the above are included in an economy's current account.

Question

Quizplus · Accepted Answer

The current account of a country includes records of its net exports (export minus imports of goods and services), net investment income (income earned by the country's residents from investment abroad minus income earned by foreign residents from investment in the country), and net transfers (transfers of money or resources between countries, such as foreign aid or remittances from abroad). Therefore, all of the above options are included in a country's current account.

The Current Account Includes Records of a Country's