Which of the following is not included in the 'current account'?
A) Exports of goods
B) Income received on investments
C) Transfer of migrants' income
D) Overseas debt relief by the Australian government

Question

Quizplus · Accepted Answer

The transfer of migrants' income, income received on investments, and exports of goods are all components of the current account. However, overseas debt relief by the Australian government is not considered a transaction involving income or transfer of funds and hence is not included in the current account.

Which of the Following Is Not Included in the 'Current