The Current Account Records _____

question 65

Multiple Choice

The current account records _____

• A) last year's flows of funds into and out of the country.
• B) the current flows of imports and exports of goods and services, net income earned by residents from foreign assets, and net transfer payments.
• C) all the foreign direct investment received by a country in a year.
• D) the purchases of financial assets, such as stocks and bonds, by the residents of a country in a year.
• E) the purchases of all real assets, such as land and housing, by the citizens of a country in a year.