In basic terms,the current account is equal to
A)imports plus exports.
B)savings minus consumption.
C)exports minus imports.
D)savings plus exports.

Question

Quizplus · Accepted Answer

The current account of a country's balance of payments measures the balance of trade in goods and services. Therefore, the current account is calculated by subtracting imports from exports. This means that the correct choice is C: exports minus imports. Choices A, B, and D are not correct.

In Basic Terms,the Current Account Is Equal to