The two main accounts of the balance of payments are

the revenue account and the capital accountCorrect answerYour answerthe savings account and the current accountCorrect answerYour answerthe trade account and the tax accountCorrect answerYour answerthe current account and the capital accountCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

The current account records goods, services, income and transfers; the capital account records assets and liabilities.

Concept: Accounts of the BoP
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe BoP account

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Ten questions from Balance of Payments, at your own pace.

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Ten questions from Balance of Payments, at your own pace.

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The two main accounts of the balance of payments are

Explanation