The balance on current account includes

The balance on current account includes which of the following:

  1. exports minus imports of goods and services
  2. income receipts on US assets abroad minus income payment on foreign assets in the US
  3. unilateral current transfers, which include private remittances and government foreign aid
  4. US capital investments

A.I and IV  B. I, II, III  C. II, III   D. None of the above   

Answer: B

 

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