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    Question

    Current account transactions of a country include 

    A Exports and imports of goods Correct Answer Incorrect Answer
    B Exports and imports of goods and invisibles, including services. Correct Answer Incorrect Answer
    C Exports and imports of goods and invisibles and capital flows. Correct Answer Incorrect Answer
    D Exports and imports of goods and invisibles and foreign exchange reserves. Correct Answer Incorrect Answer

    Solution

    Current account records all those transactions which do not cause any change in assets and liabilities situations of the country and include exports and imports of goods and services and unilateral transactions.

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