The Account That Records the Receipts from the Exports of Goods

question 366

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) current account.
• B) official settlements account.
• C) international capital account.
• D) capital and financial account.

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Definitions:

Global Teams

Diverse work groups that operate across different geographical locations, leveraging technological tools to collaborate and achieve common goals.

Global Team

A group of individuals working together from various geographical locations, leveraging digital tools to achieve common goals.

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The first language a person learns to speak in childhood, which is often the primary means of communication in their daily life.

Global Team

A group of individuals working across time zones, borders, and cultures towards a common business goal or project, often facilitated by technology.