Asked by
Jordin Wilder
on Nov 12, 2024Verified
Current account transactions are records of the income and expenditures from exports and imports,plus international financial investments and borrowing.
Current Account Transactions
Economic activities that affect a nation's balance of payments, including trade in goods and services, earnings on investments, and transfer payments.
International Financial Investments
Cross-border investment activities by individuals, companies, or governments aiming to benefit from returns offered in foreign markets.
- Analyze the balance of payments and its elements.
Verified Answer
JG
Learning Objectives
- Analyze the balance of payments and its elements.