The current account balance consists of A.the trade balance plus the services balance. B.net exports of goods and services, minus net unilateral transfers. C.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers. D.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers, minus the capital and financial account balance.
The current account balance consists of A.the trade balance plus the services balance. B.net exports of goods and services, minus net unilateral transfers. C.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers. D.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers, minus the capital and financial account balance.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The current account balance consists of
A.the trade balance plus the services balance.
B.net exports of goods and services, minus net unilateral transfers.
C.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers.
D.net exports of goods and services, plus investment income from abroad, plus net unilateral transfers, minus the capital and financial account balance.
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