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Question

Which of the following is/are Correctly matched?

A

B

I- Current Account

It includes the transactions that lead to changes in thefinancial assetsand 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'sresidents and residents of other countries

A I & II Correct Answer Incorrect Answer
B Only II Correct Answer Incorrect Answer
C III & IV Correct Answer Incorrect Answer
D I, II, III Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

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'sresidents and residents of other countries Capital Account includes the transactions that lead to changes in thefinancial assets and liabilities of a country

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