Which of the Following Accounts of a Country's Balance of Payments

question 48

Multiple Choice

Which of the following accounts of a country's balance of payments records transactions involving the export of services?

• A)transactional account
• B)capital account
• C)savings account
• D)current account

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Definitions:

Labor Unions

Organizations formed by workers in various sectors to protect their rights, negotiate wages, benefits, and working conditions with employers.

Political Party

An organized group of people with similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.

Labor Party

A political party that advocates for the interests of the working class and supports labor unions, typically promoting policies like workers' rights, social welfare, and economic equality.

ACFTU

The All-China Federation of Trade Unions, the sole national trade union federation of the People’s Republic of China.