Which of the following are components of Current Account in the balance of payments ?

A. Export of goods

B. Investments

C. Import of goods

D. Net factor income

E. Transfer payment

Choose the correct answer from options given below :

A, C, D and E only

The correct answer is option (4) : A, C, D and E only

B: Investments (such as Foreign Direct Investment or Portfolio Investment) are typically recorded under the Capital and Financial Account in the balance of payments framework.

Explanation :

- A. Export of goods falls under the Current Account as a positive component.

-C. Import of goods is part of the Current Account as a negative component.

- D. Net factor income represents earnings from abroad and is included in the Current Account.

-E. Transfer payments, such as foreign aid, are also components of the Current Account.