Examlex
The major determinants of price elasticity of demand are:
Exports
Goods or services produced in one country and sold to buyers in another country.
Financial Account
Refers to a component of a country's balance of payments that records investments and financial transactions, including investments in foreign securities and direct investments.
Capital Account
The capital account records the exchanges of financial assets and liabilities between a country and the rest of the world, including direct investment and loans.
Current Account
A component of a country's balance of payments that includes transactions in goods, services, primary income, and secondary income flows between domestic and foreign entities.
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