In the _ account, only transactions relating to goods are entered.

Related MCQs

• After covering deficits on current account, excess capital account receipts are added to _.
• In balance of payment account, all goods exported and imported are recorded in _ .
• Goods which are not used in the production of other goods are called:
•     _ is a statement of a systematic record of all economic transactions between one country and the rest of the world.
• Transactions in the foreign exchange market are carried out are termed as _.
•     _ are authorized to deal in foreign exchange transactions.
• The currency used for international transactions irrespective of the importing or exporting country’s currency is called _ .
• Single factoral terms of trade take in to account
• The current account of balance of payment does not include :
• Gifts and charities account are also known as :