The Primary Component of the Current Account Is The

question 53

Multiple Choice

The primary component of the current account is the:

• A) balance of trade.
• B) balance of money market flows.
• C) balance of capital market flows.
• D) unilateral transfers.

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Definitions:

Fire Department

A public or private organization that provides emergency firefighting and rescue services to protect people and property from fire and other hazards.

Reflective Thinkers

Individuals who critically analyze their beliefs and experiences to gain deeper understanding.

Certainty

The state of being sure or confident about something, often without doubt or question.

Valid

Holding logic or fact; sound; legally binding.