Which of the Following Is NOT Part of the Current

question 24

Multiple Choice

Which of the following is NOT part of the current account?

• A)Dividends received on a foreign investment
• B)Purchase of a plane ticket on a foreign airline
• C)Shipment of food aid to a poor country
• D)Purchase of a foreign bond
• E)All of the above.

---

Definitions:

Tax Court

A specialized court of law that deals with disputes and issues related to federal tax.

Minimum Contacts

A legal standard determining whether it is appropriate for a court to exercise jurisdiction over an out-of-state defendant based on the defendant's connections with the forum state.

Personal Jurisdiction

The legal authority a court has over the persons involved in a lawsuit, based on their connection to the location where the court is situated.

Tortious Conduct

Behavior that constitutes a tort, which is an act or omission causing harm or injury to another person, leading to civil legal liability.