The Current Account Shows Transactions in Goods and Services; the Capital

question 167

True/False

The current account shows transactions in goods and services; the capital account shows purchases and sales of assets; and the official reserve transactions account shows movement of international reserves.

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Definitions:

Background Image

An image placed as a backdrop on digital documents, websites, or software interfaces, often behind the main content.

Calculated Control

An element in database forms that displays the result of a calculation based on other data fields or controls.

Command Button

A graphical control element in software that performs a specific action when clicked by the user.

Total Row

A feature in spreadsheet programs that automatically calculates and displays a total, average, count, or other aggregate function at the end of a data table.