Which of the Following Would Appear in a Country's Current

question 81

Multiple Choice

Which of the following would appear in a country's current account?

• A) international investment income
• B) savings in domestic banks by foreign savers
• C) purchases of domestic bonds by foreign buyers
• D) prices paid for foreign stock

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Definitions:

Revenues

The total income generated by a company from its normal business operations, before any expenses are subtracted.

Debits

Entries made on the left-hand side of an account, representing an increase in assets or expenses or a decrease in liabilities, equity, or revenue.

Increase Side

Typically refers to the side of an account (debit or credit) used to record increases in that account, varying by the type of account.

Normal Balance

The side (debit or credit) of an account that is expected to have a higher balance, considering the account type (asset, liability, etc.).