The Current Account Includes

question 95

Multiple Choice

The current account includes

• A)the export and import of goods and services.
• B)all purchases and sales of assets such as stocks, bonds, bank accounts, real estate, and businesses.
• C)all purchases and sales of international reserve assets such as dollars, foreign exchanges, gold, and special drawing rights (SDRs).
• D)none of the above

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Definitions:

Hemostat

A surgical tool used to control bleeding by clamping blood vessels during surgery.

Ratchet

A ratchet is a mechanical device that allows continuous linear or rotary motion in only one direction while preventing motion in the opposite direction.

Locking Mechanism

A device or feature designed to prevent movement or separation by locking parts together.

Instrument

A tool or device designed for precise work or measurement, often used in scientific, medical, or musical contexts.