The Current Account on the BOP Has Three Subaccounts

question 38

Multiple Choice

The current account on the BOP has three subaccounts:

• A) export, import, and capital.
• B) tangible exports, tariff revenues, and capital.
• C) fixed assets, current liabilities, and long-term debt.
• D) merchandise, services, and unilateral transfers.

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Definitions:

Local Businessperson

A local businessperson is an individual who owns or operates a business within a specific geographic area, serving the needs of their community or region.

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A public sector employee who performs administrative and clerical duties within a government agency.

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A worker responsible for loading, unloading, and transporting luggage and cargo at airports.

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The rights and obligations of citizens in a society, particularly concerning social welfare and participation in the social life of the community.