Current AccountWhich of the following would not appear under the current account in the balance of payments?Export and import of servicesExport and import of goodsCapital payments

What is recorded by the the current account of the balance of payments?Group of answer choicesthe net export of currants.the trade in goods and services, and flows of income from investmentsexports of innovative and fashionable products.the inflow and outflow of capital.

The respective normal account balances of Purchases, Purchase Discounts, and Freightin are

Outline the structure of the two main accounts of the balance of payments.

Components of Balance of Payments The BOP comprises two accounts: Current and Capital.

Multiple Choice QuestionHow is the balance on current account calculated?Multiple choice question.By subtracting net imports from net exportsBy adding the trade surplus to the trade deficitBy adding all transactions in the current accountBy adding all transactions on the balance-of-payments statement