Exports and imports of computer software, electronic components, and apparel would be reflected in the ________ account within the current account.
A) services
B) capital
C) merchandise
D) corporate

Question

Quizplus · Accepted Answer

The current account includes the trade balance which reflects the exports and imports of goods (merchandise), such as computer software, electronic components, and apparel. The services account includes exports and imports of services, such as travel, transportation, and financial services. The capital account reflects capital inflows and outflows, while the corporate account does not exist in the balance of payments.

Exports and Imports of Computer Software, Electronic Components, and Apparel