A section in a nation's international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?
Correct answer: A. Current account
- A. Current account
- B. Fixed account
- C. Saving account
- D. Capital account
Explanation
The current account records trade in goods and services together with primary income, such as investment income, and current transfers. The capital account belongs to the balance of payments but records different capital transactions.
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