A. current account transaction
B. capital account transaction
C. balance of trade account transaction
D. invisible balance account transaction
Correct Answer:
Option B – capital account transaction
Explanation
Capital account transaction is the net balance of international investments. In order words, it keeps track of the flow of money between a nation and its foreign partners.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…