The current account records
A)net exports, net interest income and net transfers.
B)net value of Canadian investments and foreign investments.
C)current government expenditure.
D)current consumption expenditure.
E)current investment.

Question

Quizplus · Accepted Answer

The current account records net exports (which is the difference between exports and imports of goods and services), net interest income (which is the difference between what a country earns from its foreign investments and what it pays on its foreign debt), and net transfers (which includes things like foreign aid, remittances, and gifts). The options B, C, D, and E do not accurately describe what is recorded in the current account.

The Current Account Records