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

---

Definitions:

Noncash Assets

Assets that cannot be easily converted into cash, including tangible assets like machinery and intangible assets like patents.

Personally Insolvent

A financial condition where an individual is unable to meet their debts or liabilities with their available assets or income.

Capital Balance

The amount of money that a business or individual has invested in an asset or enterprise, reflecting the equity or ownership interest.

Partnership

A legitimately structured partnership where two or more persons share both the administrative roles and the profits.