Q95
The current account of balance of payments does not include
A.
Trade in goods
AnswerB.
Trade in services
C.
Income on investments
D.
None of the above
Answer: Option A
Solution
Answer: Option A
Solution:
The current account of balance of payments does not include trade in goods. Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. It is measured in million USD, as percentage of GDP for net trade, and also in annual growth for exports and imports.