which of the following terms of trade is record... - WAEC Economics 2017 Question
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
correct option: a
The current account on the balance of payments measures the inflow and outflow of goods, services, investment incomes and transfer payments.
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