5 Questions
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?
Capital account
Which account in the balance of payment monitors the purchase and sale of assets (non-financial) like lands and properties?
Capital account
Which account in the balance of payment scans all the incoming and outgoing of goods and services between countries?
Current account
Which account in the balance of payment covers payments made for raw materials and constructed goods?
Current account
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?
Finance account
Test your knowledge on the balance of payments and its three types - current account, capital account, and financial account. Learn about the various transactions and categories involved, including goods and services, tourism, transportation, and more.
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