Another name for "current account transactions" is
A) "net transfers received."
B) "transactions above the line."
C) "everyday account transactions."
D) "investment income."
E) "capital account transactions."

Question

Quizplus · Accepted Answer

"Transactions above the line" is another term used for current account transactions, referring to the part of the balance of payments that includes the trade balance, net income from abroad, and net current transfers.

Another Name for "Current Account Transactions" Is