Which of the Following Is Included in a Nation's Current

question 110

Multiple Choice

Which of the following is included in a nation's current account?
I. the import of services
II. a change of foreign currency holdings
III. net transfers, such as foreign aid payments

• A) I and III
• B) I and II
• C) II and III
• D) III only

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Definitions:

Client Confidentiality Rule

Legal and ethical obligation of professionals to keep information related to a client secret unless given permission to disclose.

Financial Condition

The status of an individual's or organization's financial health and stability, often assessed through analysis of assets, liabilities, income, and expenditures.

Conflict of Interest

A situation where an individual's or entity's personal interests could potentially interfere with their professional duties or responsibilities.

Representing

Acting on behalf of someone or something, or serving as a symbol or exemplar of a certain quality or idea.