The Current Account Includes All of the Following Accounts Except

question 67

Multiple Choice

The current account includes all of the following accounts except

• A) net transfers.
• B) net exports.
• C) net financial derivatives.
• D) net factor payments.

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Definitions:

Assignment

An assignment involves the transfer of rights or property from one party to another, typically related to contracts, but also applicable in other legal contexts.

Third-Party Beneficiary

An individual or group that stands to benefit from a contract made between two other parties, even though they are not a direct party to the contract.

Personal Skill

Individual abilities or talents that contribute to performing tasks or jobs effectively, often developed through experience and training.

Contract

A legally binding agreement between two or more parties that is enforceable by law.