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Which of the following transactions are recorded in the current account of the balance of payments? -

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Question

Which of the following transactions are recorded in the current account of the balance of payments?

Options

  • Import and export of goods and services

  • Transfers from one country to the other

  • Both (1) and (2)

  • None of these

MCQ

Solution

Both (1) and (2)

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Balance of Payments - Current Account
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