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A Current Account Records

Question 64

Multiple Choice

A current account records:


A) all transactions with foreign nations that involve the exchange of merchandise goods and services or unilateral gifts.
B) the monetary value of all finished goods and services produced within a country's borders in a specific time period.
C) the total income earned by all the people and institutions within a country from the production of goods and services.
D) the additions to the existing stock of plant and equipment used in the production of goods and services.
E) all transactions with foreign nations that involve an outflow of funds from the government to the private sector.

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