Question

What is meant by current account?. State the components of current account.​

Answer 1

Explanation:

What is the Current Account? One of three components of a country's balance of payments system, the current account is the country's trade balance, or the balance of imports and exports of goods and services, plus earnings on foreign investments minus payments to foreign investors.

Answer 2

Answer:

One of three components of a country's balance of payments system, the current account is the country's trade balance, or the balance of imports and exports of goods and services, plus earnings on foreign investments minus payments to foreign investors.

Explanation:

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