The Account That Records the Receipts from the Exports of Goods

question 245

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) international capital account
• D) capital and financial account

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Definitions:

The Isolate

An individual who is disconnected or separated from their social group or community.

Toxic Triangle

A concept in leadership that describes a situation involving an destructive leader, susceptible followers, and a conducive environment.

Redundant Outcome

A result or conclusion that is unnecessarily repetitive or more than what is needed, often without adding value.

Observable Communication

The aspects of communication that can be seen or heard directly, such as body language or tone of voice.