Account that record all international transactions of assets is.
This question was previously asked in
Shift 16/06/2023 3:30 PM - 6:30 PM
A
Current Account
B
Balance of Trade
C
Capital Account
D
Balance on Invisible
Correct Answer
Capital Account
Detailed Explanation
- Current Account: The current account records exports and imports in goods, trade in services and transfer payments.
- Capital Account: The capital account records all international purchases and sales of assets such as money, stocks, bonds, etc. It includes foreign investments and loans.
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