The __________ account consists of three components: direct investment,portfolio investment,and other asset investments.
A)income
B)capital
C)financial
D)services
E)goods trade

Question

Quizplus · Accepted Answer

The given components of direct investment, portfolio investment, and other asset investments are all related to financial accounts, making option C the correct choice. The income account refers to the income earned by residents and companies of a country from foreign investments, while the capital account records the transactions related to buying and selling of assets like property, stocks, and bonds. The services and goods trade accounts deal with imports, exports, and payments for services between countries.

The __________ Account Consists of Three Components: Direct Investment,portfolio Investment,and