In the balance of payments,the _____ account records transactions involving the export and import of goods and services.
A) current
B) foreign
C) internal
D) tariff
E) savings

Question

Quizplus · Accepted Answer

The current account in the balance of payments includes transactions related to the export and import of goods and services. This includes trade in goods such as machinery, automobiles, and agricultural products, as well as services such as transportation, tourism, and consulting.

In the Balance of Payments,the _____ Account Records Transactions Involving