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What are the four components of a country’s current account of the balance of payments. Name...

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Economics

What are the four components of a country’s current account ofthe balance of payments. Name and briefly describe what eachcomponent consists of. (4)

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Current accounts refers to an account which records all the transactions relating to export and import of goods and services and unilateral transfers during a given period The main components of Current Account are 1 Export and Import of Goods A major part of transactions in    See Answer
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