Economics · Balance of Payments
With reference to the Balance of Payments (BoP), which of the following constitutes/constitute the Current Account? (i) Balance of trade (ii) Foreign assets (iii) Balance of invisibles (iv) Special drawing rights (SDRs)
- 1(i), (ii) and (iv)
- 2(i) and (iii)✓
- 3(ii) and (iii)
- 4(i) only
Correct answer
(i) and (iii)
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