All of the Following Are Part of the Current Account

question 140

Multiple Choice

All of the following are part of the current account EXCEPT ________.

• A) U.S. unilateral transfers
• B) U.S. private assets
• C) income payments on foreign assets in the U.S.
• D) income receipts on U.S. assets abroad

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Definitions:

Specialize

The process of focusing on a particular area of expertise, skill, or field of study to gain proficiency and efficiency.