The Current Account in the Balance of Payment Summarises

question 1

Multiple Choice

The current account in the balance of payment summarises:

• A)foreign trade in goods and services less investment income and gifts or grants to other countries.
• B)foreign trade in goods and services plus investment income less gifts or grants to other countries.
• C)foreign trade in goods and services plus investment income and gifts or grants to other countries.
• D)None of the above.

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Definitions:

Angry Customers

Individuals who express dissatisfaction or frustration towards a service or product, often seeking resolution or compensation.

Rewarding Customers

The practice of offering benefits, discounts, or other incentives to customers as a form of appreciation and encouragement for their loyalty.

Complain

To express dissatisfaction, discomfort, or unhappiness about a situation or occurrence, often with the desire for a resolution or change.

Internal Customer

Refers to individuals or departments within an organization that receive services or products from another individual or department within the same organization.