The account which represents a country's imports and exports of goods and services, payments made to…
The current account records trade in goods and services, primary income and current transfers. Foreign investment transactions belong to financial-account classifications…
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The account which represents a country's imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid is known as
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Correct answer A
The current account records trade in goods and services, primary income and current transfers. Foreign investment transactions belong to financial-account classifications rather than replacing the current account's trade and income records.
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Andhra Pradesh SET (APSET)