The Current Account Records

question 54

Multiple Choice

The current account records

• A)last year's flows of funds into and out of the country
• B)current flows of imports and exports of goods and services, net income earned by U.S.residents from foreign assets, and net transfer payments
• C)current flows of imports and exports of goods only
• D)only net income earned by U.S.residents from foreign assets
• E)only current flows of imports and exports of goods and services and net transfer payments