Question 1
In the balance of payments, what does the current account mainly record?
Question 2
Which transaction would be recorded in the financial account of the balance of payments?
Question 3
If a country imports more goods and services than it exports, what is true about its trade balance?
Question 4
Why do the current account and financial account usually move in opposite directions?
Question 5
Which of the following is an example of an income payment in the current account?