Which of the following is included in current account of Balance of Payment ?
Commodity imports and exports form part of the current account. They record international trade in goods, whereas capital transfers and borrowing or other financial…
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Which of the following is included in current account of Balance of Payment ?
Answer and explanation
Correct answer C
Commodity imports and exports form part of the current account. They record international trade in goods, whereas capital transfers and borrowing or other financial transactions belong outside the current account.
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Telangana SET (TG SET)