Which of the Following Is NOT a Component of the Current

question 243

Multiple Choice

Which of the following is NOT a component of the current account?

• A) the trade balance
• B) the balance of foreign direct investment flows
• C) income on capital held abroad
• D) foreign aid

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Definitions:

American Undergraduates

Pertains to students in universities or colleges in the United States who have not yet earned a bachelor's degree.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates.

Cross-Cultural Researchers

Scientists who study the differences and similarities among cultures, often to understand how cultural contexts influence human behavior and cognition.

Literacy

The ability to read and write at a level that enables communication, understanding, and participation in society.