Which of the following accounts of the balance-of-payments statement is a record of the direct investment, portfolio investment, and short-term movement of cash and technology to and from countries?
A) Current account
B) Capital account
C) Credit account
D) Receivables account
E) Reserves account

Question

Quizplus · Accepted Answer

The capital account of the balance-of-payments statement is a record of direct investment, portfolio investment, and short-term capital movements to and from countries.

Which of the Following Accounts of the Balance-Of-Payments Statement Is