The current account of the United States includes all of the following except
A) trade in goods and services
B) unilateral transfers
C) income receipts and payments
D) gold flows between the United States and foreign central banks

Question

Quizplus · Accepted Answer

The current account of the United States includes trade in goods and services, unilateral transfers, income receipts and payments. However, gold flows between the United States and foreign central banks are recorded under the capital account of the balance of payments, not the current account.

The Current Account of the United States Includes All of the Following