Which of these is recorded in the current account?

Foreign direct investmentCorrect answerYour answerExport of software servicesCorrect answerYour answerA loan from the World BankCorrect answerYour answerPurchase of foreign shares by IndiansCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Trade in services is part of the current account; the others are capital flows.

Concept: Current account items
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe current account

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

Practise this chapter →

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

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Which of these is recorded in the current account?

Explanation