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Questions and Answers
Which account in the balance of payment records the flow of taxes, acquisition, and sale of fixed assets by immigrants moving into a different country?
Which account in the balance of payment records the flow of taxes, acquisition, and sale of fixed assets by immigrants moving into a different country?
- Current account
- Capital account (correct)
- Finance account
- None of the above
Which account in the balance of payment monitors the purchase and sale of assets (non-financial) like lands and properties?
Which account in the balance of payment monitors the purchase and sale of assets (non-financial) like lands and properties?
- Current account
- Capital account (correct)
- Finance account
- None of the above
Which account in the balance of payment scans all the incoming and outgoing of goods and services between countries?
Which account in the balance of payment scans all the incoming and outgoing of goods and services between countries?
- Current account (correct)
- Capital account
- Finance account
- None of the above
Which account in the balance of payment covers payments made for raw materials and constructed goods?
Which account in the balance of payment covers payments made for raw materials and constructed goods?
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Which account in the balance of payment records the flow of funds to and from other countries through investments like real estate and foreign direct?
Which account in the balance of payment records the flow of funds to and from other countries through investments like real estate and foreign direct?
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