Which of the Following Is an Item in the Australian

question 33

Multiple Choice

Which of the following is an item in the Australian current account?

• A) the change in foreign government assets in Australia
• B) net investment income
• C) the change in foreign private assets in Australia
• D) the change in private Australian assets abroad

---

Definitions:

Canceling

The act of terminating or revoking an agreement, event, or obligation before it is completed.

Material Fact

A fact that is important to the subject matter of the contract.

Subject Matter

Refers to the topic, content, or substance of a legal case or document, which determines the jurisdiction and legal principles applicable.

Contract

An accord between several parties that carries legal weight and can be imposed by the law.