The Account That Records the Receipts from the Exports of Goods

question 225

Multiple Choice

The account that records the receipts from the exports of goods and services sold abroad, the payments for imports of goods and services from abroad, net interest income paid abroad, and net transfers is the _ .

• A) official settlements account
• B) current account
• C) capital account
• D) international capital account

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Definitions:

Personal Power

Power derived from the person rather than from the organization.

Relevant Expertise

Pertains to having knowledge and skills that are directly applicable and valuable to a particular job, task, or situation.

Ownership Stake

A financial or economic interest in a business or enterprise, representing a share of its assets and potential profits.

Full-fledged Empowerment

The comprehensive granting of autonomy and authority to employees or team members to make decisions and take actions that affect their work.