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Which of the following is NOT a negative item in our balance of payments?
A) Balance of trade
B) Net investment income
C) Net unilateral transfers abroad
D) Balance on capital account
Balance Of Payments
A record of all transactions made between one particular country and all other countries during a specified period, showing the total inflows and outflows of money.
Net Investment Income
The profit gained from investments after subtracting related expenses such as interest, taxes, and fees, indicating the actual earnings from investment activities.
Net Unilateral Transfers
Financial transfers made by a country without expecting or receiving anything in return, often in the form of aid or remittances.
- Gain insight into the mechanisms governing the current account balance and the variables that impact it.
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Learning Objectives
- Gain insight into the mechanisms governing the current account balance and the variables that impact it.
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