Into What Subcategory in the Current Account Do You Find

question 28

Multiple Choice

Into what subcategory in the current account do you find the export and import of education,insurance,consulting,telecommunications,royalties on films,etc?

• A) unilateral current transfers, net
• B) balance on goods and services
• C) balance on current account
• D) services

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Definitions:

Collection Period

The amount of time it takes for a business to receive payments owed by its customers.

Cash Disbursements

Financial payments made by a business, including expenses, creditor payments, and inventory purchases.

Seasonal Merchandise

Products that are particularly popular or in demand during specific seasons or periods of the year.

Maturity Hedging

A financial strategy used to manage the risk associated with the timing of cash flows, particularly the mismatch between asset maturities and liability maturities.