The three balances that determine the current account balance are:
A) the external balance, the internal balance, and the global balance.
B) the trade balance, the balance on income from factor services, and the balance on net unilateral transfers.
C) the credit balance, the debit balance, and the balance of external indebtedness.
D) the balance on investment, the balance on asset transfers, and the balance on forgiveness of debt.
Correct Answer:
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