A nation's balance of payments consists of two components: the ________ account and the ________ account.
A)current;past-due
B)capital;fixed
C)current;capital
D)merchandise;services

Question

Quizplus · Accepted Answer

The current account includes receipts and payments for goods and services, while the capital account includes transactions such as the purchase or sale of assets. Therefore, the correct answer is current and capital account.

A Nation's Balance of Payments Consists of Two Components: the ________