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which of the following terms of trade is recorded in a country's current account section...

Economics
WAEC 2017

which of the following terms of trade is recorded in a country's current account section of the balance of payments

  • A. investment income
  • B. foreign direct investment
  • C. longterm capital flows
  • D. long-term loans
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Correct Answer: Option A
Explanation

The current account on the balance of payments measures the inflow and outflow of goods, services, investment incomes and transfer payments.

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