The current account does not include which of the following?
A)exports of maple syrup to Vermont
B)income received by Canadians from foreign investments
C)transfers made to residents of other countries by Canadians
D)purchases of shares in Toyota by Canadians
E)imports of Kia cars from South Korea

Question

Quizplus · Accepted Answer

The current account measures the flow of goods and services, income, and transfers between a country and the rest of the world. Purchases of shares in Toyota by Canadians are considered financial transactions, which are not included in the current account. Therefore, option D is the correct answer.

The Current Account Does Not Include Which of the Following