Which of the Following Is NOT a Part of the Current

question 3

Multiple Choice

Which of the following is NOT a part of the Current Account of BOP?

• A) net export/import of goods
• B) balance of trade
• C) net portfolio investment
• D) net export/import of services

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Definitions:

Cigarette-Tax Revenues

The money collected by governments through the taxation of cigarettes and tobacco products, often used to fund public health initiatives.

Addictive

Having qualities that lead to an increased compulsion to use or engage with a substance, activity, or behavior despite potential harm.

Price-Inelastic

Describes a situation where the demand for a good or service does not significantly change with a change in its price.

Dollar Expenditures

The amount of money spent on purchasing goods and services, often measured in U.S. dollars for international comparisons or analyses.