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Question

Economics Question on Business Finance

Which of the following are components of Current Account in the balance of payments?
A) Export of goods
B) Investments
C) Import of goods
D) Net factor income
E) Transfer payments
Choose the correct answer from the options given below:

A

A, B, D and E only

B

B, C, D and A only

C

B, C, D and E only

D

A, C, D and E only

Answer

A, C, D and E only

Explanation

Solution

The correct option is (D): A, C, D and E only