Question
Which of the following is/are
Correctly matched? A B I- Current Account It includes the transactions that lead to changes in the financial assets and liabilities of a country II- Balance of Trade Total Value of exports and imports of the country. III- Balance of Payment Imports and exports of goods and services and unilateral transfer of goods and services IV- Capital Account All economic transactions between a country's residents and residents of other countriesSolution
Current Account is Imports and exports of goods and services and unilateral transfer of goods and services BoT is Total Value of exports and imports of the country. BoP is All economic transactions between a country's residents and residents of other countries Capital Account includes the transactions that lead to changes in the financial assets and liabilities of a country
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