Economy, asked by advitakumari, 5 months ago

components of current account​

Answers

Answered by kingRohan5
10

Explanation:

The main components of the current account are:

Trade in goods (visible balance)

Trade in services (invisible balance), e.g. insurance and services.

Investment incomes, e.g. dividends, interest and migrants remittances from abroad.

Net transfers – e.g. International aid.

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