Post Utme Madonna University 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2020 Economics Objective / Multiple Choice
Question 8 POST_UTME_MADONNA_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments (BOP) accounts can be used to analyze its international trade position. Which of the following statements best describes the relationship between the current account and the capital account?

Answer Options

A. The current account and the capital account are mutually exclusive.
Correct Answer B. The current account and the capital account are related, but not directly equivalent.
C. The current account is a subset of the capital account.
D. The capital account is a subset of the current account.
Correct Answer
B
Correct Option:
The current account and the capital account are related, but not directly equivalent.

About This Question

This is Post Utme Madonna University 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Madonna University Economics examination.

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