The main component of the current account is
A) net exports.
B) investment both abroad and domestically.
C) net interest income.
D) the official settlements account.

Question

Quizplus · Accepted Answer

The current account is a measure of a country's trade balance and includes the balance of trade in goods and services, as well as primary and secondary income (such as net interest income and remittances). Net exports are the largest component of the current account, as they represent the difference between a country's exports and imports of goods and services.

The Main Component of the Current Account Is