Categories: Economics WAEC

Which of the following terms of trade is recorded in a country’s current account section of the balance of payments?

A. investment income
B. foreign direct investment
C. long-term capital flows
D. long-term loans

Correct Answer: Option A

A. investment income

Explanation

The current account on the balance of payments measures the inflow and outflow of goods, services, investment incomes, and transfer payments.

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