Question on: WAEC Economics - 2017
which of the following terms of trade is recorded in a country's current account section of the balance of payments
A
investment income
B
foreign direct investment
C
longterm capital flows
D
long-term loans
Ask EduPadi AI for a detailed answer
Correct Option: A
The current account on the balance of payments measures the inflow and outflow of goods, services, investment incomes and transfer payments.
Add your answer
Please share this, thanks!
No responses