Question:
What are the 4 Sections to the Current Account? [Main Part of the Balance of Payments]
Author: eric_galvaoAnswer:
1. Trade in Goods - The Visible Trade. [Cars, Computers..] 2. Trade in Services - The Invisible Trade [Tourism, Insurance..] 3. International Flows of Income made in Salaries, Interest, Profit and Dividend. [Interest on an Account held in a Foreign Nation] 4. Transfer of Money from 1 Person, or Government, to Another [Foreign Aid, Remittances]
0 / 5 Â (0 ratings)
1 answer(s) in total