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    Question

    Which account in the BOP includes transactions related

    to currently produced goods and services?
    A Financial Account Correct Answer Incorrect Answer
    B Capital Account Correct Answer Incorrect Answer
    C Current Account Correct Answer Incorrect Answer
    D Trade Balance Account Correct Answer Incorrect Answer
    E Reserve Account Correct Answer Incorrect Answer

    Solution

    The Current Account deals with transactions related to goods and services that are currently produced. It includes trades in goods and services, income from investments, and current transfers.

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