Exports and imports of computer software,electronic components,and apparel are included in the ________ account of a country's balance of payments.
A) services
B) capital
C) merchandise
D) savings

Question

Quizplus · Accepted Answer

Merchandise refers to goods that are traded between countries, which includes electronic components and apparel. Computer software might fall under the category of goods or services, but since it is not specified, it is safe to assume it falls under merchandise. Services typically refer to intangible products such as tourism, transportation, and consulting services. Capital refers to flows of investments into and out of a country. Savings refer to the difference between a country's savings and investment.

Exports and Imports of Computer Software,electronic Components,and Apparel Are Included