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    Question

    Which of the following is/are Correctly matched?

    A

    B

    I- Current Account

    It includes the transactions that lead to changes in thefinancial assetsand liabilities of a country

    II- Balance of Trade

    Total Value of exports and imports of the country.

    III- Balance of Payment

    Imports and exports of goods and services and unilateral transfer of goods and services

    IV- Capital Account

    All economic transactions between a country'sresidents and residents of other countries

    A I & II Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C III & IV Correct Answer Incorrect Answer
    D I, II, III Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Current Account is Imports and exports of goods and services and unilateral transfer of goods and services BoT is Total Value of exports and imports of the country. BoP is All economic transactions between a country'sresidents and residents of other countries Capital Account includes the transactions that lead to changes in thefinancial assets and liabilities of a country

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