72 554
Assignments Done
Successfully Done
In April 2019

Answer to Question #11950 in Macroeconomics for maggy iihuhua

Question #11950
what is included in the current account?
Expert's answer
The current account is divided into three categories - balance on merchandise
trade, balance on services, and unilateral transfers. This is one of two primary
subsets of the balance of payments. The other is the capital account. A deficit
or surplus in the current account is matched by an opposite surplus deficit in
the capital account.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions