Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Open Economy Macro Economics

Question:

Which of the following are the components of current Account ?

(A) Trade in Services

(B) Trade in Goods

(C) External borrowings

(D) External borrowings

(E) External Assistance

Choose the correct answer from the options given below :

Options:

(C) and (D) only

(D) and (E) only

(E) and (C) only

(A) and (B) only

Correct Answer:

(A) and (B) only

Explanation:

The correct answer is option (4) : (A) and (B) only