The Current Account Balance Is Equal to

question 8

Multiple Choice

The current account balance is equal to

• A) net exports - net interest income - net transfers.
• B) net exports + net interest income - net transfers.
• C) net interest income + net transfers - net exports.
• D) net exports + net interest income + net transfers.

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Definitions:

Technical Expertise

Specialized knowledge or skills in a particular area of technology or science.

Line Workers

Employees who are directly involved in the production process of a factory or in the operation of a service company.

Board of Directors

A group of individuals elected by shareholders to oversee and govern a corporation's management and major decisions.

Stockholders

Individuals or institutions that own shares of stock in a corporation, giving them ownership interests and rights to dividends.