Post Utme Elizade University 2020 Economics Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2020 Economics Objective / Multiple Choice
Question 20 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ECONOMICS • objective

The balance of payments accounts are used to record all international transactions between a country and the rest of the world. What is the purpose of the current account?

Answer Options

Correct Answer A. To record all international transactions in goods and services
B. To record all international transactions in capital and financial flows
C. To record all international transactions in the balance of payments
D. To record all international transactions in the current account
Correct Answer
A
Correct Option:
To record all international transactions in goods and services

About This Question

This is Post Utme Elizade University 2020 Economics Question 20. It is one of the objective questions from the 2020 Post Utme Elizade University Economics examination.

View More Post Utme Elizade University 2020 Economics Questions More Post Utme Elizade University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support