The Four Main Components of the Current Account Are

question 89

Multiple Choice

The four main components of the current account are:

• A)services, financial assets, unilateral transfers, and debits.
• B)net exports, unilateral transfers, services, and domestic bank deposits abroad.
• C)government asset holdings abroad, foreign official assets, private bank deposits abroad, and merchandise.
• D)unilateral transfers, merchandise, services, and investment income.
• E)capital exports, services, merchandise, and royalties.

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Definitions:

Designated Groups

Specific segments of the population that are protected under affirmative action and equal opportunity policies, often including women, minorities, and individuals with disabilities.

Median Pay

Median pay refers to the middle value of wages in a range of pay rates, where half of the workers earn less and half earn more.

Aboriginals

Indigenous peoples native to a land or region, often used in reference to the original inhabitants of Australia.