Balance of Payments Is Generally Split into Two Major Components

question 61

Multiple Choice

Balance of payments is generally split into two major components with major business implications: (1) the current account and (2) the _____ account.

• A) balance
• B) financial
• C) services
• D) income
• E) trade

---

Definitions:

Buccal

Relating to the cheek or the mouth cavity.

Cheilosis

A condition that causes inflammation and cracking of the lips, often due to a deficiency of riboflavin (vitamin B2).

Celiac

Referring to celiac disease, a medical condition where the ingestion of gluten leads to damage in the small intestine.

Protozoa Infestation

The invasion and multiplication of protozoa (single-celled organisms) in or on the body of a host, causing disease.