The Balance on Current Account Includes All of the Following

question 28

Multiple Choice

The balance on current account includes all of the following items EXCEPT:

• A) merchandise exports minus merchandise imports
• B) exports of services minus imports of services
• C) income receipts minus income payments on investments
• D) changes in U.S. assets owned abroad and foreign assets owned in the U.S.

---

Definitions:

Large Audience

A significant number of people who receive and interpret messages or content from various media or public speaking engagements.

Communication Technologies

Tools and mediums used for the transmission of information from one place to another, including the internet, radio, television, and mobile phones.

Papyrus

An early form of paper made from the pith of the papyrus plant, used in ancient Egypt and other Mediterranean societies for writing documents.

Egyptians

Citizens or natives of Egypt, a country linking northeast Africa with the Middle East, known for its ancient civilization and monumental architecture.